The Indian Rupee fell sharply on 28 August, 2013 to hit a record - TopicsExpress



          

The Indian Rupee fell sharply on 28 August, 2013 to hit a record low of 68.80 to the dollar. This was its biggest single-day percentage fall since in 18 years (This was the largest single-day percentage fall of the Indian Rupee since October 1995. The partially convertible rupee closed at 68.80 per dollar, compared to its close of 66.24 on 27 August. The unit also posted its biggest fall in absolute terms ever, dropping 256 basis points on the day)
Posted on: Thu, 29 Aug 2013 10:53:49 +0000

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