Indian Rupee slips to Historic Low

Indian Rupee slips to Historic Low

For the first time ever, the Indian rupee slipped below 62 against the dollar. The partially convertible rupee dipped to a new record low of 62.03 against the dollar at inter-bank foreign exchange market, surpassing its previous record low of 61.80 hit on August 6, 2013. The rupee was quoted at 61.65. The depreciation of […]

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