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Rupee falls to 6-year low
The rupee fell towards a six-year low as a sharp fall in Asian stocks intensified concerns about accelerated foreign fund withdrawals.
Updated on: Oct 8, 2008, 18:56:52 IST
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The rupee fell towards a six-year low early on Wednesday as a sharp fall in Asian stocks intensified concerns about accelerated foreign fund withdrawals.
At 9:03 am (0333 GMT), the partially convertible rupee was at 48.28 per dollar, its lowest since December 2, 2002. On Tuesday, it closed at 47.915/93.
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