Aug 17, 2013

Sensex nosedives 4% as rupee hits 62 level - Indian Express

Sensex nosedives 4% as rupee hits 62 level - Indian Express: "India's stock markets on Friday witnessed a free fall as the Reserve Bank of India's curbs on foreign exchange outflows sent the rupee plummeting to the 62 level against the US dollar on fears that the US monetary stimulus tapering would trigger selling by foreign investors."
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