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Rupee falls to 60 against US dollar, worst in history

2013-06-26 26 Dailymotion

For an all-time low for the currency, the rupee on Wednesday fell to 60 vis-a-vis the US dollar. In the morning, rupee fell by 23 paise to 59.89 against the US currency on month-end dollar demand from importers. The rupee matched its record low of 59.9850 in the afternoon. Rupee has been depreciated in the past two-months falling 11% since May.