Tuesday, June 11, 2013

Indian Rupee Hits New Record Low Against Dollar (AFP)

India rupee hits new record low against dollar (via AFP)
India's rupee slid to a new lifetime low against the dollar on Tuesday, tracking weakness in most other Asian currencies, as dealers continued to buy the greenback following robust US jobs data. Growing concerns over slackening domestic growth and weak stock markets in India have also hurt the rupee…