Indian Rupee Hits Record Low Amid Global Uncertainties and Domestic Economic Challenges
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- Indian rupee hits all-time low of 84.7425 against the U.S. dollar.
- Weakness in rupee may breach 85 per dollar level soon.
- FIIs have withdrawn nearly ₹1 lakh crore from Indian markets this year.
- Rupee's decline raises import costs and inflation rates in India.
- RBI may consider a rate cut despite rising inflation challenges.
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