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The Economic Times
The Economic Times
Business

Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war caution

ING Iran US Federal Reserve Oil

The Indian rupee fell to a near three-week ​low on Wednesday, tracking ​declines in Asian currencies as investors turned cautious ahead ​of remarks from the U.S. Federal Reserve chair and uncertainty over U.S.-Iran negotiations.

The rupee weakened 0.6% to end the session at 95.2475 per dollar, its worst one day fall ‌since June ⁠8.

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