DC:Rupee closes at 68.80 per dollar, biggest fall in nearly 18 years
Mumbai: In its biggest fall of nearly 18 years, the rupee closed the day at a record low of 68.80 per dollar on Wednesday.
Shares tumbled in markets on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
A united Opposition took on the government over the slowdown in the economy, blaming its 'reckless policies' for the present state of affairs.
In a comment, BJP leader Ravi Shankar Prasad said, "When UPA government was formed, the Rupee-Dollar ratio was equal to the age of Rahul Gandhi. Today, it is nearing the age of Sonia Gandhi and we seriously apprehend that it would touch the age of Manmohan Singh."
