Rupee hits 6-month low of 71.40 against dollar

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The rupee plunged 62 paise on Tuesday to close at a nearly six-month low of 71.40 against the US dollar in line with battered equities as global market turmoil and Argentine currency crash drove investors to safe havens. At the interbank foreign exchange, the rupee opened at 71.15 and touched a high of 71.02 and low of 71.40 against US dollar during the day.



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