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India News | Rupee returns to red! Currency falls to 92 per US Dollar

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By TOI-India

Rupee returns to red! Currency falls to 92 per US Dollar
Representative Image • Source: TOI BUSINESS DESK
The rupee hit a record low of 92.00 against the US dollar on Thursday morning due to sustained greenback demand and a cautious global market. Heightened geopolitical tensions and rising crude oil prices, exacerbated by US warnings to Iran, are pressuring emerging market currencies. Domestic equities also opened lower, reflecting investor caution.

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