Thursday, June 28, 2018
Indian rupee hits record low amid inflation, credit downgrade | News
The Indian rupee on Thursday weakened past 69 to a dollar for the first time, slumping to an all-time low amid a spike in crude oil prices, foreign capital outflows and a widening current account deficit. Last week rating agency Standard & Poor’s cut the country’s credit rating outlook to “negative”. The Indian currency, which slid 0.7 percent to as much as 69.0925 per dollar in early trade, is 
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