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Indian rupee breaks 69 vs dollar for the first time

June 28, 2018

NEW DELHI: The rupee has just hit a new all-time low. The Indian currency collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics. It had opened at 68.87 a dollar at the interbank foreign exchang...