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Rupee Hits Historic Low: Indian Currency Falls to All-Time Weakness
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Rupee Hits All-Time Low Against Dollar, Breaches 95 Mark for First Time
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News18
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30-03-2026, 15:39
Rupee Hits All-Time Low Against Dollar, Breaches 95 Mark for First Time
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Indian rupee depreciates to an unprecedented low of 95.45 against the US dollar on March 30.
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This marks the first time in history that one dollar has crossed the 95-rupee mark.
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Rupee's value declined by approximately 4.4% in the March quarter alone, causing investor concern.
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RBI intervenes with strict limits on banks' Net Open Forex Positions to stem the fall.
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Rising international crude oil prices and strengthening dollar contribute to the rupee's decline.
Read Full Article on News18 in Telugu
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