Rupee below 83 not abnormal; currency fluctuation not exclusive to India: Finance Ministry official
The rupee dipping below 83 to a US dollar is not abnormal and the fluctuation in currency rate is not exclusive to the Indian currency, a finance ministry official said, hoping that RBI’s inflation control steps will factor in exchange rate volatility. The rupee hit an all-time intra-day low of 83.16 to a US dollar …