Wednesday, June 19, 2013

Reuters: Money News: Rupee slumps to record low; bonds, stocks slump

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Rupee slumps to record low; bonds, stocks slump
Jun 20th 2013, 03:55

MUMBAI (Reuters) - The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit.

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