After a tumultuous freefall, the Indian rupee got some footing on Friday, June 28th, breaching below 60 to the dollar, on hopes that recent foreign investor selling could subside after comments from US Federal Reserve officials seen as supporting continuec monetary stimulus sparked a global risk rally. The rupee was at 59.91/92 dollar as against 60.19/20 Thursday close. It fell to a record low of 60.76 on Wednesday.
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