Tuesday, 13 December 2011

Economic news of the Day : 13th December 2011

The rupee slid to a new record low versus the US dollar on Tuesday, as investors dump the Indian currency amid worsening prospects for the local economy.
The rupee was at 53.2250 per dollar after being as low as 52.30. It had opened at a day's high of 52.60 versus Monday's close of 52.84.


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