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Rupee Sees Worst Two-Month Slump

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17.01.2026

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New Delhi: The rupee had its worst one-day fall in two months on January 16 to close at 90.8650 per dollar.

The news agency PTI quoted forex traders as having said that a volatile global sentiment and a firm American currency accelerated the withdrawal of foreign institutional investors, even as domestic investors resorted to value buying.

Reuters cited a strong dollar demand from importers and........

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