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Bloomberg Quint
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Rupee Falls 51 Paise Against Dollar, The Most In Six Weeks At Open
- The Indian rupee opened at 85.75 per dollar, down 51 paise from Friday’s close of 85.24.
- Global risk sentiment worsened, causing the rupee to weaken against the US dollar.
- Trade war concerns and global equities sell off contributed to the rupee's decline.
- IFA Global expects the rupee to trade in the 85.60–86.00 range with a weakening bias.
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