| Rupee slumped to an all-time low on Wednesday before trimming losses on heavy dollar sales by state-run banks, but a slide in the stock market indicated there would be more pressure on the Indian unit. Rupee ended at 49.28/29 per dollar, 0.5 percent weaker than Tuesday's close of 49.04/06. It hit a record trough of 49.50, at which point it was down 20.4 percent in 2008. |
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