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The rupee hit a new all-time low against the dollar this week. Its recent slide is reminiscent of 2013, when it lost 12% of its value against the dollar in a few months. What were the drivers then, and how does it compare with the situation today?
The Indian rupee hit an all-time low of 95.33 to a dollar earlier on Thursday (April 30). It means that when trading international currencies, buying a single US dollar requires 95.33 rupees.At the s… [+5494 chars]
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