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Friday, April 19, 2024
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Political instability: Dollar hits Rs100 again

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The stock market recorded depreciation of rupee due to ongoing political instability in the country and dollar reached Rs 100.15 mark.

The rupee also recorded depreciation of 30 paisa in the open market, taking dollar to Rs 99.80.

Frequent protests and long march scheduled for August 14 aimed at toppling the government by opposition parties have already taken its toll on the economy, thus affecting stock market as well.

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