Rupee hits an all time low of 74.47 against the dollar
Worrying news for the NDA govt ahead of the poll season - as the ruppee hits an all time low of 74.47 against the dollar. The plunge in the the rupee came as brent crude oil prices rose back above the $84 per barrel in the international oil market. Meanwhile the domestic equity benchmark suffered massive losses with the sensex plunging over almost 800 points. The NSE Nifty index closed 250 points down, whlie the BSE was down 760 points today - mirroring a weakness in global stocks after a scary selloff in US stocks overnight