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Rupee Reaches Record Low Against US Dollar, Drops 23 Paise
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Rupee Hits All-Time Low Against US Dollar Amid Global Tensions
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News18
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24-03-2026, 20:45
Rupee Hits All-Time Low Against US Dollar Amid Global Tensions
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The rupee dropped 23 paise to close at 93.76 against the US dollar on Tuesday.
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Strengthening greenback, elevated global crude prices, and foreign fund outflows contributed to the slump.
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The rupee breached the 94-level against the US dollar for the first time on Monday.
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Uncertainties over the West Asia crisis and Iran's denial of Trump's claims pushed up crude oil prices.
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Foreign institutional investors sold equities worth Rs 8,009.56 crore on a net basis.
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