NewsX: Rupee breaches 62 mark against Dollar

  • 5 years ago
The rupee fell a record low on Friday to Rs 62.03 against the dollar, clearly indicating that measures taken up by RBI to shore up the currency is hardly effective. Adding to their woes is spike in Dollar and toughening global investment environment.

This had a tsunami effect in the financial markets with sensex crashing by more than 700 points. Here's a report.

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