Indian rupee hits new low, stocks tumble on inflation woes - Al Jazeera English

The rupee hit a new low for the second time this week while the stock exchange tumbled to its lowest in two months.

Indian rupee tumbled to a record, while stocks retreated amid growing worries that accelerating inflation may force the central bank to tighten rates more aggressively. The rupee dropped as much as … [+1316 chars]

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