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Rupee falls 25 paise against US dollar on forex outflows

By: The Bengaluru Live

Date:

December 27, 2022 9:26 PM

The rupee declined 25 paise to close at 82.90 against the US dollar on Tuesday, as month-end dollar demand from importers and significant foreign fund outflows sapped investor appetite. Moreover, the risk-off mood among investors and firm crude oil prices in the international market weighed on the rupee, forex dealers said.

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