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      Question

      How did the Indian Rupee perform compared to other Asian

      currencies in August 2024?
      A Best Correct Answer Incorrect Answer
      B Second-worst Correct Answer Incorrect Answer
      C Third Correct Answer Incorrect Answer
      D Fourth Correct Answer Incorrect Answer
      E Fifth Correct Answer Incorrect Answer

      Solution

      In August 2024, the Indian Rupee was the second-worst performer among Asian currencies, affected primarily by strong demand for the US dollar and significant capital outflows from the equity markets, spotlighting concerns in the regional economic landscape.

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