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Rupee falls 1 paisa to all-time low of 80.06 against US dollar in early trade

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Image Credit: national heral india

The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade on Thursday amid demand for dollar from oil importers and firm crude oil prices. Forex traders said the rupee is hovering around 80 level as the overall gains in crude prices in the last few days, wherein Brent has risen above USD 106 per barrel mark, is putting pressure on the local unit.