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Rupee hits all-time low of 77.73 against USD

News Agencies

New Delhi: The rupee closes at a new all-time low of 77.73 against the dollar, the fifth record weak close in the last ten trading sessions, even as the dollar took a breather after heavy gains and global stocks tumbled on increasing concerns that aggressive tightening by global central banks could choke growth.

Bloomberg showed the partially-convertible rupee weakened to its lifetime low close of 77.73, while PTI reported that the currency ended provisionally at 77.72 per dollar.

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