The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.The pummeling in markets sent the rupee reeling 3.7 percent to an all-time low of 68.85 with the unit closing just a touch off that, at 68.80/81 per dollar, its biggest single-day fall since October 1995.
Today’s Headlines
1) Dollar Advances versus Yen on Fed Policy Outlook; Pound Slides
2) U.S. 2-Year Note Sale Lures Pension Funds, Insurance Companies
3) Pound Falls Second Day versus Dollar before Carney Policy Speech
4) Carney’s Maiden BOE Speech to Confront Guidance Skeptics
5) Vietnam Rises as Middle Power at Defense Summit: Southeast Asia
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Find more news and updates here:-http://rrfinancialconsultants.wordpress.com/
Today’s Headlines
1) Dollar Advances versus Yen on Fed Policy Outlook; Pound Slides
2) U.S. 2-Year Note Sale Lures Pension Funds, Insurance Companies
3) Pound Falls Second Day versus Dollar before Carney Policy Speech
4) Carney’s Maiden BOE Speech to Confront Guidance Skeptics
5) Vietnam Rises as Middle Power at Defense Summit: Southeast Asia
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Find more news and updates here:-http://rrfinancialconsultants.wordpress.com/
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