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Rupee dropped below 74/USD level amid mounting fears of coronavirus-led slowdown

Today The Indian rupee dropped 82 paise to 74.50 against US dollar in opening trade after the WHO World Health Organization declared the new coronavirus (COVID-19) a pandemic. Forex traders said market participants turned jittery amid mounting fears of a coronavirus-led economic slowdown. Weak opening in domestic equities and foreign fund outflows too dragged the […]