Tag: BJPFails
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Rupee Weakens: Drops Seven Paise to 83.38 Against U.S. Dollar in Early Trade
The rupee saw a 7 paise depreciation to end at 83.38 against the US dollar on Friday, influenced by a significant sell-off in domestic equities and a strong greenback against major currencies abroad. Forex traders noted that high crude oil prices also impacted investor confidence. The local unit began trading at 83.36 and hit a…