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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

Explained: What led to record fall in rupee and how it may affect economy

NEW DELHI: The see-sawing rupee has given Indian investors a tough time in the past few days. On Monday, the rupee slumped by 54 paise to close at a record low of 77.44 against the US dollar.

The currency fell to its all-time low in a matter of few days in wake of unabated outflow of foreign funds and a slew of other factors.

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