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The Indian rupee depreciated nearly 23 paise to close at 79.67 against US dollar following sell-off in global assets which followed in domestic equities and corporate outflows, dealers said.

Rupee falls 23 paise to close at 79.67 against US dollar

The onset of this development began with the Russian Invasion of Ukraine in March when for the first time Rupee hit an all-time low of 77

Rupee at Historic low: Crossed 80 mark yesterday against US Dollar

Gold jumped to a five-month high and bitcoin hit a record as investors sought inflation hedges.

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Rupee falls 23 paise to close at 79.67 against US dollar

Rupee at Historic low: Crossed 80 mark yesterday against US Dollar

Forex today: Indian currency falls sharply against USD; inflation fears flare