Rupee slumps to a record low of 55.39 against dollar3 min read . Updated: 22 May 2012, 11:14 PM IST
Rupee slumps to a record low of 55.39 against dollar
Mumbai: The rupee slumped to a record closing low of 55.39 against the dollar on Tuesday as the US currency strengthened after rating company Fitch downgraded Japan’s sovereign credit rating, citing rising public debt. The rupee fell to as low as 55.47 in intra-day trading.
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