Rupee falls to lowest closing level - FT.com:
"India’s rupee hit its lowest-ever closing level on Wednesday, intensifying pressure on the country’s government and incoming central bank governor Raghuram Rajan to introduce further emergency measures to stabilise its recent series of falls.
Although slightly above the all-time low hit earlier this week, the rupee ended the day at Rs61.30 to the dollar, cementing its position as one of the currencies more severely affected by recent investor retreats from major emerging markets."
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