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Maroc Maroc - Times of India - Business - 07/Sep 20:57

Government keeping 'good watch' on rupee movement: Sitharaman

Finance Minister Nirmala Sitharaman stated the government is closely monitoring exchange rates, highlighting the widespread depreciation of currencies against the strengthening US dollar. The rupee recently hit a record low of 88.27 against the dollar, influenced by concerns over newly imposed US tariffs, including a significant penalty on Russian crude oil imports, impacting key sectors like textiles and gems.

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