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Watch: Rupee Touches Record Low of 70 Per Dollar After Turkish Lira Shock

BusinessAugust 14, 2018, 5:18 pm

The rupee erased early gains to hit an all-time low of 70.1 per dollar on Tuesday, as concerns about Turkey's economic woes persisted. With this, the currency has depreciated around 10% in 2018. The rupee had opened marginally higher at 69.98 against the dollar during opening trade but those early gains were erased soon.

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