Rupee's plunge takes stocks with it

08/6/2013 | Economic Times (India), The

A downward spike in the value of India's rupee caused a broad selloff in the nation's stock markets Tuesday. The central bank stepped in to sell the U.S. currency when the rupee hit 61.78 to the dollar. Nonetheless, traders say the currency may be headed for the 64 level.

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Economic Times (India), The

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