Indian rupee falls to record low on rising US yields; RBI likely steps in

Indian rupee falls to record low on rising US yields; RBI likely steps in The rupee slipped to a lifetime low of 83.5350 to the U.S. dollar near the open before inching up to 83.4875 at 10:24 a.m. IST. The local currency had closed at 83.4500 on Monday.

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