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Rupee depreciation among lowest in the world: RBI governor
The Indian rupee has depreciated by 5.1%, which is among the lowest in the world, says RBI governor Shaktikanta Das.
The Indian rupee has depreciated by 5.1%, which is among the lowest in the world, says RBI governor Shaktikanta Das.
The rupee tumbled against the dollar to settle at a historic low of 78.40 against the US dollar.
Analysts are apprehensive that the rupee might slip towards 78 levels if the macroeconomic difficulties persist.