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Rescuing the rupee: What RBI can do next

May 24, 2013    

It was a Bloody Wednesday for the financial markets. While the Sensex breached the 16,000 mark closing at 16,030, its lowest close since January 9 this year, the rupee breached its earlier all-time low and tumbled to 54.56 before closing at 54.50 against the dollar.

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