Monday 10 June 2013

Rupee hits all time low...Breaches 57.37/$

 Rupee hits its all time low of 57.37/$, after opening at 57.20/$ on monday,against friday's closing of  57.25/$.

Expecting RBI intervention to cool off the market by supplying dollars on higher rupee levels.
Analysts feel non farm-payroll data could further support dollar to remain strong.

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