Rupee falls 12 paise to 94.50 against US dollar in early trade

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The Indian rupee slid against the US dollar as sluggish domestic markets and soaring crude oil prices weighed on its performance. Early trading saw the rupee drop by 12 paise, settling at 94.50, even amidst a weaker dollar. Analysts suggest that foreign capital inflows from IPOs and diminishing US treasury yields could help stabilize it.

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Rupee falls 12 paise to 94.50 against US dollar in early trade

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