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of <h1>Rupee Slides 45 Paise Against Dollar as Global Market Volatility and Trade Tensions Impact Currency Performance</h1> The Indian rupee declined 45 paise to 86.71 against the US dollar amid global market turbulence. The currency's depreciation stems from foreign fund outflows, weak domestic markets, and escalating trade tensions between the US and China. The Reserve Bank of India reduced key interest rates by 25 basis points and lowered growth projections for the fiscal year, while crude oil prices and the US dollar index showed weakness.
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