Rupee Nosedives, Hits Record Low Of 90.47 Against US Dollar

The rupee declined as much as 90.4675 against the US dollar on December 11 after falling having weakened earlier to an all-time low of  90.42 hit on December 4.The downslide impact on the rupee is likely due to the absence of the US-India bilateral trade pact, and outflow of corp

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