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70.07: Rupee hits record low per dollar

Aug 14, 2018 11:31 IST

Indian rupee has hit fresh record-low of Rs 70.07 per dollar after opening slightly higher at Rs 69.85 per dollar. Reason behind the fall in rupee is said to be the sharp drop in Turkish Lira which has helped the US dollar to gain strength. The technical pattern indicates that rupee may further drop down to Rs 71 against dollar.

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