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Rupee hits record low, breaches 80 to a US dollar again

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Dion Global

29 Aug 2022

Indian rupee again breached the psychologically crucial 80 mark to touch an all-time low of 80.11 in early trade on Monday tracking firmness in the US dollar.

At 10.43 a.m., the rupee traded at 80.020 covering some of its early morning depreciation. On Friday, it closed at 78.87 per US dollar.