Rupee fell to a record low to 64 per $ in early trade, breaching the previous low of 63.30 on Monday.
RUPEE hit an all-time low on Monday losing 1.48 Rs as the mayhem in money and equity markets continued from last week, broadly reflecting the government's and the Reserve Bank of India's inability to control a free-falling domestic currency despite a string of measures.
Shares continued to bleed under intense selling pressure and plunged to multi-month lows on Monday as worries mounted about deteriorating macro-economic concerns on the back of sliding rupee, which slumped to new low against the US $.
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