BLBG:India’s Rupee Weakens Through 50 to Dollar for First Time Since May 2009
India’s rupee weakened past 50 per dollar for the first time since May 2009. The currency fell 0.6 percent to 50.10 per dollar as of 9:03 a.m. in Mumbai, according to data compiled by Bloomberg.
To contact the editor responsible for this story: V Ramakrishnan at rvenkatarama@bloomberg.net