Inflation could accelerate due to rupee fall, says RBI
Fed fears outweigh RBI steps as fellows.
- Liquidity plan fails to soothe investors though yield ease.
- RBI has done ever thing to support the rupees but nothing has worked so far.
- The rupees hit a fresh lifetime low 64.43 per dollar in intraday trading.
- Technology companies and drug makers led the losses on stock market.
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