The local unit opened lower at 74.25 against last close of 73.68 and fell further by 82 paise to 74.50 after the World Health Organization declared the new coronavirus (COVID-19) a pandemic.
The rupee slid by 56 paise to a fresh 17-month low of 74.24 (provisional) against the US currency on Thursday due to strong dollar demand as investors pruned riskier bets amid coronavirus pandemic fanning recession fears. Indian equity markets suffering their
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