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Saturday, Jun 7, 2025
With a depreciation of more than 7 per cent this year, the currency exchange rate is slated to hit the low point of Rs 80 per dollar in India.
On Thursday, the rupee fell by 6 paise to close at 77.74 against the US dollar.
Forex traders said risk appetite has weakened amid rising bond yields in the US and mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks.
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