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Rupee
Image: Unsplash

Rupee hits all-time low of 80 against US dollars

| @indiablooms | Jul 19, 2022, at 04:18 pm

Mumbai/UNI: The rupee hit an all-time low of 80 against the US dollars in further worry for the country's economy, media reports said.

The rupee declined to 80.0125 Tuesday, which is the lowest ever.

The decline has occurred as the foreign investors have continued to sell the nation's equities, Hindustan Times reported.

The Indian currency, which has nosedived seven percent this year, is expected to weaken further, several economists opine.

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