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India slides 3.65% to new record low against dollar

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(Globalpost/GlobalPost)

India's rupee plunged more than 3.6 percent to a new record low against the dollar on Wednesday as concerns about a US-led military strike in Syria compound ever deepening economic woes at home.

The rupee, one of Asia's worst-performing currencies this year, slid 3.65 percent to 68.66 rupees to the dollar in morning trade, after sliding three percent on Tuesday. The benchmark Bombay Stock Exchange index also suffered a sell-off, sinking 2.66 percent.

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http://www.globalpost.com/dispatch/news/afp/130828/india-slides-365-new-record-low-against-dollar