Mumbai, Sept. 24 -- The Indian rupee extended slide to hit new record lows in opening trades on Wednesday. INR commenced at Rs 88.80 per dollar and recovered to a high of 88.71 so far during the day tracking weak global cues. U.S. President Donald Trump blamed China and India during his UN General Assembly address, calling the two nations the primary funders of the Ukraine war. Asian markets were also broadly lower this morning after Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates. Yesterday, rupee depreciated 47 paise to hit an all-time low of 88.75 against the US dollar on Tuesday, amid sustained outflow of foreign funds on the back of a steep hike in US H-1B visa fee that is expected t...
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