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Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally
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Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally |
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Published On: May 18, 2022
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The rupee closed at a new all-time low of about 77.58 against the dollar on Wednesday, tracking a rise in crude prices and a reversal in domestic stocks, with the two-day relief rally in equity benchmarks coming to an end.
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