Rupee falls down to a value of 80.05 as against US dollar


Rupee falls down to a value of 80.05 as against US dollar

The rupee on Tuesday came down to the value of 80.05 against the US dollar. An increase in demand for dollars from oil importers along with increased prices of crude oil and the swelling trade deficit has become like a catalyst in the descent of rupees. As per the calculation the value of rupees has seen a fall of seven percent since January of this year. 

 

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