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Rupee hits two-week low on 'sticky' dollar bids, modest intervention cushions

Economic Times ·First reported
Economic TimesRupee hits two-week low on 'sticky' dollar bids, modest intervention cushions
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The Indian rupee experienced a sharp decline on Thursday, hitting a two-week low against the dollar. Traders highlighted that heightened dollar demand and overseas debt payments were significant contributors to this depreciation. To stabilize the…

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