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Indian rupee tumbles further

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Indian rupee tumbles further

E
euronews (in English)

15 Views • Aug 28, 2013

Description

India's currency, the rupee, continued to slump as foreign investors pull their money out of the country.

The exodus comes with India facing stiff economic challenges and being hit by volatile global financial markets.

The rupee is at an all-time low against the US dollar having lost over 20 percent of its value this year.

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http://www.euronews.net/