The INR(rupee) is not too far away from hitting 70 to the US dollar and could slump even further to a new record by the end of the year 2016, according to reports, as world wide investors pull out funds due to emerging market unstability and worries that the govt may ease up on fiscal deficit targets to shore up growth. Click for Free nifty futures tipsOn yesterday, the INR(rupee) lost about 10 paise, or 0.15%, to the US dollar, ending at 68.47, the weakest so far this calendar, having slumped to a 30-month low during trade.
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