News X: With RBI measures failimg to work, fears of more RBI steps grow

NewsX 2019-03-01

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For some not so good news on the economic front, the rupee has fallen to a record low today. Its being seen as the worst currency crisis in the last two decades.

The rupee fell to 62.46 to the dollar in early trade, breaching the previous low of 62.03 on Friday last. The steep fall comes despite a series of measures unveiled last week.

Government has been giving assurances on how the rupee will soon stabilize but no action is seen on the ground.

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