Forex dealers said besides strong demand for the American currency from importers, concerns of fears of rising fiscal deficit and capital outflows mainly weighed on the domestic currency. Moreover, weakness in emerging currencies overseas against the dollar too weighed on the domestic currency, they added.
from Times of India https://timesofindia.indiatimes.com/business/india-business/rupee-breaches-72-for-first-time-against-us-dollar-to-hit-new-low/articleshow/65699168.cms
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