Rupee slips 20 paise against US Dollar as crude oil tops $106, foreign outflows continue
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Beginning the week on a down note, the rupee slipped to 95.95 against the US dollar amidst various economic hurdles. Factors contributing to this decline include a strengthening dollar, extensive foreign fund withdrawals, and escalating crude oil prices, with Brent crude futures notably rising. This surge has sparked concerns about India's overall import costs. What's Your Reaction?
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