Mumbai, Sept 5: The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks due to broad weakness in Asian currencies and likely dollar outflows.
The rupee ended at 83.04 against the U.S. dollar, compared with 82.7475 in the previous session.
The Chinese yuan and other Asian currencies also dropped after a sluggish data release from China renewed concerns about the country’s economic growth trajectory.
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