Rupee nears record low, touches 59.90 against dollar

Asian News International
June 25, 2013 AT 8:00 PM
The rupee declined by 23 paise to 59.815 against the dollar as of 9:35 a.m. in Mumbai and touched 59.9 earlier on Wednesday. Persistent capital outflows from foreign funds also affected the rupee value against the dollar. In the global market, the US dollar gained for the sixth day of gains on Wednesday.