Re closes near 70 a dollar |
The rupee plunged on Aug 13 by Rs 1.08 or 1.57% to close at all-time low of 69.91 in the interbank foreign exchange market. It had touched 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over from a crisis-hit Turkey. The rupee had ended at 68.84 to the dollar on Aug 10.
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