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Rupee breaches 90 to a dollar, falls 6 paise in early trade

The rupee weakened to a record 90.02 against the US dollar on Wednesday as persistent FPI outflows and heavy bank dollar buying pressured the currency despite a softer dollar index and lower crude prices

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The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

However, a weaker dollar index and a fall in global crude oil prices cushioned against a steeper decline, according to forex traders.

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