Economic TimesLean R·
Rupee logs sharpest fall since June 8, ends at 95.24 against dollar
The Indian rupee weakened significantly, crossing the 95 per dollar mark for the first time in almost a month. This decline occurred ahead of anticipated hawkish remarks from the US Fed chair. The Reserve Bank of India intervened to limit further losses, though the rupee experienced its sharpest fall since early June. Traders anticipate a new trading range for the currency in the coming days.
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