The rupee depreciated by 17 paise to 67.09 against the US dollar in early trade today after RBI's rate hike amid fresh demand for the American unit from importers and banks.
Yesterday, the RBI hiked the policy rate for the first time in over four years - by 0.25 per cent - to curb inflationary pressures from high oil prices.
Yesterday, the RBI hiked the policy rate for the first time in over four years - by 0.25 per cent - to curb inflationary pressures from high oil prices.
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