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Sinking: Rupee Now 80 against US Dollar
NEW DELHI (ANI) -After two consecutive days of gains, Indian stock indices declined marginally in early trade on July 19, weighed down by a consistent depreciation of the rupee.
The rupee hit yet another historical low and touched the key psychological level of 80 against the US dollar. Consistent depreciation in the value of the rupee has been weighing on Indian stocks.