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of <h1>Currency Volatility Hits Rupee as Dollar Strengthens, Importers Surge Demand Amid Global Trade Tensions</h1> The Indian rupee declined 50 paise to settle at 86.26 against the US dollar, marking its worst performance among Asian currencies. The drop was attributed to strong dollar demand from importers, foreign capital outflows, and global trade tensions. Market sentiment remained negative due to potential tariff escalations between the US and China. Investors are awaiting the Reserve Bank of India's upcoming monetary policy decision, which could influence currency movements.
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