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Rupee: The worst performing Asian currency

Nabanita Dutta

News Editor

India's currency was the best performing Asian currency last quarter before being hit by the increasing crude oil price and tension over Kashmir. In the current year, the rupee has become the worst performing Asian currency. The Kashmir issue, political uncertainty and the increasing price of crude oil have affected the value of rupee against the US dollar and according to the experts, rupee might touch 73 if the situation worsens.