Rupee Hits Weekly Low Following RBI Policy Rollback
The rupee fell 0.4% to 93.50 per dollar as the RBI eased currency curbs. Regional weakness and Middle East tensions weighed on the currency this Tuesday.
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The currency of India recorded its most significant drop in a week on Tuesday, as regional market pressures and local policy shifts weighed on the exchange rate. The USD/INR pair saw the rupee decline by 0.4%, ending the session at 93.50 per dollar from the United States.
