India scrambles to halt rupee slide

Associated Press
India scrambles to halt rupee slide

Indian commuters walk past a foreign currency exchange shop in Bangalore, India, Tuesday, Aug. 20, 2013. The rupee has plumbed new lows against the dollar on a near daily basis, showing the pressure of a current account deficit that has swelled from high import costs. A dollar now buys more than 63 rupees, a decline of 8 percent for the rupee so far this August. (AP Photo/Aijaz Rahi)

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