Rupee Hammered as Malaise Hits India

Currency hit record low Thursday, down 27% from last July

By Mark Russell,  Newser Staff

Posted May 27, 2012 9:10 AM CDT

(Newser) – Economic troubles in the United States. Troubles sweeping Europe. China isn't looking so hot. And add India to the growing list of economic basket cases. The rupee hit a record low of 56.4 rupees to the US dollar on Thursday before rebounding slightly,...   Read full story »

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