Rupee extended its downward momentum on Wednesday, falling 9 paise to hit its lowest level of 90.05 against US dollar in early trade. With this, the currency continued its week streak, recording new lows since the week began. Earlier on Tuesday, Rupee fell 42 paise to close at 89.95 against the US dollar further down from Monday's levels, when it tumbled down by eight paise to end at 89.53 against the greenback. This year, Rupee has already fallen over 4%, shedding 0.8% in November alone. The decline was largely driven by banks purchasing US dollars at higher levels and continued FII outflows. However, according to forex experts, a weaker dollar index and falling global crude prices helped limit the drop. Analysts also noted that both domestic and international factors influenced the

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