Indian rupee value at three-month low against dollar
The sharp fall in the value of the rupee against the dollar happened owing to a slump in BSE and Nifty amid a global sell-off as foreign investors sold Indian shares worth Rs.1,654 crore on Thursday.
This was the biggest single-day selling since July 2 which really put pressure on Indian markets.
At 9:30 am today, the Sensex was down 210 points to 25,685 while Nifty was below 7,650 points.
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