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Rupee erases all YTD gains in August; analysts warn of further downside

Updated : September 06, 2019 06:41 AM IST

The currency had fallen to its year's lowest of Rs 72.40 on Tuesday.
The domestic currency depreciated sharply in the last 1 month because of accelerated US-China trade tensions and increased outflows by foreign investors from the Indian equity market.
Rupee erases all YTD gains in August; analysts warn of further downside

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