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Rupee weakens to 84.485 per dollar amid FPI outflows and month-end dollar demand

The Indian rupee weakened on Thursday to close at 84.485 per US dollar as foreign investors sold from domestic equities, and due to month end dollar demand from importers.

The rupee closed at 84.485/$1 against the U.S. dollar, just shy of its all time low, down from its close of 84.452/$1 in the…

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