The effects of Rajan stepping down three days ago are continuing to be felt across India, as the Rupee slipped a further 0.3% against the US dollar – on top of the losses it was hit with on Monday. The currency has slumped 2 percent this year in Asia’s worst performance – but Indian stocks rose with the rest of the region on Monday, as polls showed the U.K. camp for leaving the European Union losing traction.
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