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Rupee Stages Sharp Recovery After Hitting Record Closing Low Against U.S. Dollar
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Rupee Stages Sharp Recovery After Hitting Record Closing Low Against U.S. Dollar

The Indian rupee staged a notable recovery on Wednesday, gaining 41 paise against the U.S. dollar after previously falling to its weakest-ever closing level. The domestic currency settled at 96.45 per dollar, providing temporary relief to financial markets and import-dependent sectors amid ongoing global economic uncertainty and strong demand for the American currency. The rebound...