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Bloomberg Quint
2w
25
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Rupee Opens Weaker Against Dollar As Trade Tensions Escalate
- Rupee opens weaker against dollar at Rs 85.88, down by 4 paise.
- Global trade tensions and volatile market sentiment weigh on the rupee.
- US President Donald Trump's threat of additional tariffs on Chinese goods escalates trade tensions.
- Exporters advised to hedge around 86 and importers recommended to wait for 85.25 levels.
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