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The rupee declined to 87.28 per U.S. dollar before closing at 87.1850, down by nearly 0.7%, its biggest single-day percentage ...

The Indian rupee’s recent struggles underscore the intricate dynamics of global and domestic factors influencing its value.

all of which paint a picture of U.S. economic resilience. Weak portfolio flows are compounding the pressure on the rupee. Foreign investors have taken out more than $4 billion from Indian equities ...