India's rupee hit a record low as forex reserves fell to a three-year low, covering only 8.7 months of imports. High crude oil prices and a surging US dollar are intensifying pressure on the currency. The Reserve Bank of India faces a dilemma between defendin…
India's rupee plunged to a fresh record low of 92.63 against the US dollar, rattling investors and raising urgent questions about the Reserve Bank of India's ability to defend the currency without fu… [+3640 chars]
