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of <h1>Foreign Investors Trigger Sharp Rupee Decline as Economic Uncertainties and Global Market Volatility Intensify</h1> The Indian rupee depreciated 7 paise to 85.83 against the US dollar in early trade due to massive foreign fund withdrawals and global economic volatility. The decline was influenced by escalating tariff tensions, recovering crude oil prices, and anticipated Reserve Bank of India's interest rate decision. Despite a weaker dollar and strong domestic equity markets, foreign institutional investors continued significant equity sell-offs.
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