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Indian rupee weakens against dollar

by TLAteam July 14, 2022July 14, 2022
written by TLAteam July 14, 2022July 14, 2022
Indian rupee weakens against dollar

The Indian rupee slightly weakened against the US dollar on Wednesday, falling below Rs 79.65.

Business News

The rupee movement against the dollar will be triggered by the inflation numbers of the US which are expected to be out later on Wednesday.

Rupee traded with minor losses falling below 79.65 as the dollar index traded positive above $108 rupee range can be seen between 79.25- 79.75.

The rupee weakened to a fresh low against the US dollar on Tuesday as the greenback surged to a 20-year high globally and domestic equities suffered losses.

On Tuesday the rupee was trading at 79.61 against the US dollar versus its close of 79.44 on Monday.

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