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Mumbai: Continuing its downward trend, the Indian rupee hit a new low of Rs72.91 to a dollar; Rs19.85 to Dh1; on Wednesday morning.

The rupee has been on a down slide owing to inflationary pressure and decline among its global peers against the dollar.

Check the latest rates here on Gulf News's own currency exchange page during the day for instant updates.

On Wednesday, it opened at a low of 72.78 per dollar, against the previous close 72.69 per dollar.

Also read: UAE gold prices fall further