October 25, 2016

Rupee hits record low of 58.66 against dollar

June 11, 2013 12:18 pm    Posted by    TIPS    , , , , , , , , , , , ,

The rupeeĀ hit a record low on Tuesday, with the absence of RBIĀ intervention prompting importers to rush to cover future dollar needs, while exporters refrained from selling dollars in expectation that the rupee could fall further. The rupee has plunged 2.8 ...

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