Indian Rupee Touches An All Time Low

10JunJune 10, 2013

Indian Rupee Touches An All Time Low

The Indian Rupee touched an all time low of 58.03 per dollar amid increased worries about India’s rising current account deficit and enhanced sale of Indian debt by foreign investors.

Indian Rupee vs. US Dollar

The Indian rupee fell over 1.6 percent on Monday against the US dollar to mark its biggest drop since September 22, 2011. The Indian rupee had last touched a low of 57.32 in June last year.

The . . .

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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Indian Rupee Touches An All Time Low

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