Rupee hits record low of Rs.61.21 against dollar

New Delhi, July 8 (IANS) Rupee dropped to a record low Monday and touched Rs.61.21 against a dollar.

Later in the day, it recovered a bit and was trading at Rs.61.03 against a dollar.

This fall was sparked off by expectations raised by US jobs data that the US Federal Reserve would ease its stimulus measures within a few months.

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