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Rupee dips to lifetime low of 88.80 vs USD on India-US trade tension



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The Indian rupee dropped to an all-time low on Tuesday, breaking a record set just last week, with persistent trade tensions between New Delhi and Washington fuelling heavy demand for the U.S. dollar.

The rupee hit a lifetime low of 88.80, slipping past the prior low of 88.7975 struck last week.

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