Rupee hits new record low of 56.12 per USD; might touch 58

The rupee fell to a new record low in early trade on Wednesday, approaching the key psychological level of 56, as another bout of risk aversion swept global markets because of euro zone worries.

The rupee fell as much as to 55.82 to the dollar. It had closed at 55.39/40 on Tuesday.

Source: Reuters


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