Thursday, 15 December 2011

LATEST NEWS AND UPDATES


THE RUPEE SUNK TO A FRESH LIFETIME LOW VERSUS THE US DOLLAR ON THURSDAY,DUE TO WORSENING PROSPECTS FOR THE LOCAL ECONOMY. THE RUPEE IS DOWN ~17% AGAINST THE DOLLAR SO FAR IN 2011 AND HAS LOST MORE THAN 20% SINCE THE START OF AUGUST.

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