USD/INR: Rupee Slumps 25 Paise, Further Downside Risks Remain

The Indian rupee opened lower, depreciating by over 25 paise against the U.S. dollar in early trade Monday as firm greenback and weakness in the domestic equity market continued to pressurise the battered Asian currency.

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USD/INR: Rupee Slumps 25 Paise, Further Downside Risks Remain