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Worries that the Fed would unwind its stimulus has added to further pains for the currency. The rupee has been falling for the last three days in a row.
According to reports there is a renewed demand for the dollar from oil marketing companies who have returned to the forex market.
The RBI has been meeting the dollar requirements of banks through a special window. However, the arrangement might get over by the end of the month prompting a further fall in the currency. Get rupee rates here