Rupee drops below the crucial resistance level due to global unrest; 83.50 levels are expected for the USDINR pair.

Amidst a strong dollar, an increase in US Treasury yields, and risk aversion in the global markets, the rupee declined sharply in the previous week, breaking through the significant resistance level of 83.00. The US economy was shown to be resilient by a deluge of strong economic data, which gave the dollar and yields a…

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