Rupee Record Fall and Impact on Stock Market

June 26, 2013 17:19
Rupee Record Fall and Impact on Stock Market

Indian Rupee today has fallen to the record low.  It is now Rs.60.20 to become equal with an US Dollar.

It affected Indian Stock Market.  BSE Sensex sustained a loss of 75 points and NSE Nifty 15 points.  

Incidentally the Dubai and Gold Commodities Exchange (DGCX) is going to launch a futures contract to list the bench mark index of BSE on 5th July.  The listed futures in DGCX will get international opportunities as they will be introduced to the Middle East and North Africa (MENA).  That way it is useful to the international investors to invest in the Indian companies and become part of Indian economy.


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