Rupee at historic low: Should government do more?

PUBLISHED ON: December 14, 2011 | Duration: 11 min, 41 sec

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The bad numbers continue to stream in as the rupee touched a new record low today, closing at 53.71 a dollar. Inflation is marginally down at 9.1% and the Sensex fell 121 points to close below the psychologically sensitive level of 16,000. So, are our policymakers pushed to a corner?
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