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Rupee’s brutal plunge; falls to new record low of 79.44

Delhi ( The Stellar News ) : The rupee faced the all time low and closed at 79.44 against the dollar on Monday, July 11, 2022, whereas on Friday it closed at 79.25. The previous low was 79.37 on July 5. Dealer said selling in equity markets by foreign institutional investors also has an impact on sentiments. Foreign portfolio investors have so far this month pulled $500 million out.

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Report: Deepanjot Kaur (Under Training)

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