Currency Buzz: INR slides to record low around 88.40 per US dollar

The Indian rupee fell to an all-time low against the US dollar on Thursday amid sustained worries over the US tariffs and a modest recovery in the US dollar overseas. INR currently quotes at 88.43, down 32 paise on the day. Interestingly, the INR has lost ground despite gains in the local stocks as the benchmark NIFTY50 index has hit three-week high above 25K today.

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