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Rupee Tumbles Towards Record Low Against Dollar

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  • Rupee Tumbles Towards Record Low Against Dollar

    Today the rupee slipped to 68.46 against the US dollar as the Indian currency continues to get hammered amid the greenback's rising strength and outflows from Indian stock markets. Since February this is the lowest value of the rupee this year. The rupee had recorded its lowest value of 68.85 against the dollar in August 2013 amid concerns over US Fed rate hike and India's high current account deficit.
    Priya Sharma
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