This year we have seen Indian rupee dipping to an all-time low. On Wednesday morning Indian Rupee saw another fall to ₹73.33 per the US dollar. 

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According to reports from Times Of India, Forex dealers suggest that the Indian rupee has declined due to a surge in the global crude oil prices that has crossed $85 a barrel. . Further a strong demand for the US dollar from importers have also affected the value of currency in the subcontinent.

Reports from Sept. 19 suggest that the Reserve Bank of India(RBI) could sell at least $25 billion at forex market to support the Indian rupee against the US dollar. This year Indian rupee has dipped 13 percent in its value and has become a worst performing currency in Asia.

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Tags: Indian rupee, all time low, and US dollars. Categories: News and National.

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