Rupee sinks 105 paise, worst fall since March

The domestic currency crashed by over a rupee against the dollar on Friday to close at 73.47 — the biggest single-day fall since the post-pandemic crash on March 23, 2020. Bankers said that the rupee and government bonds fell in tandem with the selloff in equities and a surge in the dollar as global markets turned risk-averse.

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