The rupee touched its all-time low against the dollar on Thursday, as foreign institutional investors continued pulling out of India and other emerging markets

Anup Roy and Nesil Staney

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In 2007, the rupee rose 12.5% against the dollar to near a decade high of 39.12. FIIs pumped in net $17.36 billion into the local equity market last year taking the Sensex to 21,000 points by this January . So far this year, FIIs have taken out about $13 billion from the equity market.

anup.r@livemint.com

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