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Rupee sinks to 2-year low

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  13 Aug 2015 12:00 AM GMT

New Delhi, Aug 12: The Indian rupee fell over 1 per cent to 64.95 per dollar in intraday trade on Wednesday, a level last seen in September 2013 when the country was struggling with high current account deficit. The rupee’s tumble comes amid a sharp decline across emerging market currencies following the devaluation of yuan by the Chinese government.

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