Rupee approaches record low ahead of Fed meeting. The rupee was off session lows in early trade on Wednesday, but still remained close to its record low ahead of the outcome of the Federal Reserve meeting that may signal a tapering down of the U.S. stimulus programme. The rupee was trading at 58.70/72 per dollar at 9.06 a.m. after opening at 58.82. The rupee hit a record closing low of 58.77/78 on Tuesday, and remains within touch of an all-time low of 58.98 last week.
Posted on: Wed, 19 Jun 2013 04:07:41 +0000
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