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    Indian Rupee Declines to Set Fresh Record Low as Capital Outflows Persist

    The Indian Rupee has fallen to an unprecedented low against the US Dollar, marking a new record as sustained capital outflows put significant downward pressure on the currency. This depreciation is largely attributed to foreign investors pulling funds from Indian markets, likely driven by global risk aversion or concerns over India's economic outlook.

    Bloomberg•about 2 months ago

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