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Finance minister holds meeting with officials over rupee fall

Finance minister P Chidambaram held a meeting with his top civil servants on Thursday about the fall of rupee, which has plunged to a record low level.

delhi Updated: Jun 20, 2013 10:47 IST
Reuters
P Chidambaram,finance minister,rupee

Finance minister P Chidambaram held a meeting with his top civil servants on Thursday about the fall of rupee, which has plunged to a record low level.

The rupee has fallen to 59.9350 to the dollar, a day after the US Federal Reserve indicated a tapering of its monetary stimulus, and data showed China's factory activity weakened to a nine-month low in June.

First Published: Jun 20, 2013 10:36 IST