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Tag Archives: Political ‘chaos’

Political ‘chaos’, ascendant dollar send rupee tumbling to 227 in interbank


July 21, 2022

The rupee’s slide against the dollar continued unabated on Thursday, with the local currency falling to a record low of Rs227 in the interbank market, with watchers attributing the losses to political “chaos” and a greenback that is strengthening against other currencies as well. The rupee had closed at Rs224.92 on Wednesday. When the session opened today, the local currency …

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