 "Rupee, rupee vs dollar")
The rupee on Tuesday weakened past 80 per dollar for the first time but went on to recover lost ground against the greenback owing to interventions by the Reserve Bank of India (RBI) and persistent sales of dollars by exporters. Meanwhile, the recent depreciation in the value of rupee against the US dollar signals a slowdown in India’s growth cycle. Read more on these in our top headlines.
Rupee breaches 80/$ for first time, settles at 79.95 after RBI intervention
The rupee on Tuesday weakened past 80 per dollar for the first time but went on to recover lost ground
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