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Rupee in red: Currency drops 10 paise to 90.44 against US dollar

Rupee in red: Currency drops 10 paise to 90.44 against US dollar

The Indian rupee declined for a third consecutive session, falling 10 paise to 90.44 against the US dollar due to persistent foreign fund outflows and a stronger greenback. While declining crude oil prices and positive equity markets offered some support, a widening trade deficit and lower expectations of a Fed rate cut added pressure.
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