- As militants advance in Iraq, supply concerns have resulted in a surge in global oil prices causing resulting in the depreciation of rupee by 52 paise to end at 59.77 against the dollar.
- A drop in Sensex by 348.04 points also affected the rupee.
- West Texas Intermediate, The U.S. benchmark, increased by 73 cents to $107.26 after surging $ 2.13 to reach its highest level since September.
- Read at: http://www.thehindu.com/todays-paper/tp-business/rupee-logs-worst-drop-in-four-months/article6113374.ece
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