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Rupee Slides 28 Paise Against US Dollar Amid Rising Global Pressure and Importer Demand
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Rupee Slides 28 Paise Against US Dollar Amid Rising Global Pressure and Importer Demand

The Indian rupee came under significant pressure in early trading on Wednesday, declining by 28 paise to reach 94.77 against the US dollar in the interbank foreign exchange market. The sharp fall reflected mounting global uncertainties, persistent demand for the American currency from importers, and cautious investor sentiment in international financial markets. Currency traders indicated...