The rupee fell to a low of 65.36 against the US dollar, its lowest level in the last six months on sustained dollar outfows from Foreign Portfolio Investors (FPIs).

Weakish sentiments across the globe and strong gains in the dollar, against a basket of currencies also led to a decline in the rupee.

Economic fundamentals have also left investors worried as growth slows and the CAD rises. Analysts believe that if the global sentiment takes a turn for the worst, we could see fresh drop in the rupee.

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