Pound slides $1.4057, while the Euro almost touched $1.1000 and edged back to $1.1027
The offshore traders are expecting the rupee to breach its record low of 68.87 a dollar
One of the outside members said the central bank could consider an out-of-cycle policy rate reduction, synchronised with the Union Budget
According to a forex dealer, even the persistent rise in equity market failed to restrict the rupee's fall
Increased demand for the US currency from importers weighed on the rupee
The finance ministry confirmed the news on their official Twitter handle
Central bank, government favour stable and gradual depreciation of the currency and not a sudden fall
Fresh selling of the US currency by banks and exporters helped the value of the rupee
The domestic currency lost 40 paise or 0.58% in two days
Falls to 68.6250 in early trade on Wednesday, tracking Asian peers on global dollar strength
Sharp fall in domestic stock market affected the rupee sentiment
However, a higher opening in the domestic equity market, capped the rupee's losses
The domestic currency got support of the Indian equity markets and the global rally of the equity markets
Central bank governor says the devaluation like China or Japan is neither feasible nor a good strategy
Long overdue imperative of developing a vibrant Credit Default Swap market in India
BofA-ML also expects Budget 2016-17 to target a fiscal deficit of 3.8%of GDP, a tad lower than financial year 2015-16's 3.9%
Governor's decisions to hire external candidates, revamping the RBI were one of his hardest fights during his tenure
A primer on the ongoing banking crisis involving bad loans and write-offs
The dollar was firm against some global currencies which weighed on the rupee
Market benchmark Sensex today crashed 807 points to drop below 23,000-mark, its lowest level in 21 months