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Rupee slide impacts Indian economy

2012-08-27 9 Dailymotion

India's currency, the rupee, has hit an all-time low against the US dollar weighed by the high cost of importing oil and widening trade deficit.<br /><br />It is the latest proof that times are getting tough for Asia's third largest economy, which is already suffering from sluggish growth and high inflation.<br /><br />Economists predict the rupee will slide further in the coming days.<br /><br />Al Jazeera's Sohail Rahman reports from New Delhi.

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