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09 Dec 2016 | 7:05 PM
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Currency Research Report: Daily Currency Report

Indian rupee hit another record low at 66.30 per dollar dragging the market lower, leading slides among emerging Asian currencies with Southeast Asian units at multi-year lows as concerns over possible US military action against the Syrian government dented risk sentiment.
28 Aug 2013 | 09:30 AM

  • Indian rupee hit another record low at 66.30 per dollar dragging the market lower, leading slides among emerging Asian currencies with Southeast Asian units at multi-year lows as concerns over possible US military action against the Syrian government dented risk sentiment.
  • Parliament approved the historic Food Security Law after just six hours of debate on Monday night. The total food grain requirement is projected at 62 million tonnes for an estimated expenditure of around Rs.125000 crore this year.
  • Finance minister P Chidambaram said that the rupee had overshot its true level and that the country is amongst one of several emerging markets which are facing such pressures.

 

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