The rupee fell to 88.80 against the dollar on september 24, near its record low, despite the dollar index dropping over 11 per cent this year. Positive developments could strengthen the rupee. The domestic currency closed 24 paise higher.
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Foreign investors have sold $16.
The indian rupee strengthened by 40 paise to 87.68 against the us dollar in early trade on thursday, driven by reserve bank of india intervention, a softer dollar index, and.
