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Rupee slips to new low as trade deficit, outflow concerns weigh

economictimes.indiatimes.com 18-12-2024 12:16 0.5 Minutes reading
A stronger dollar index and rising US bond yields added further pressure on the currency, with frontline equity indices falling sharply through the day. Interventions from the Reserve Bank of India (RBI) helped cap excess weakness in the currency, traders said.

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