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Indian rupee continues to fall

By Callum Holmes June 22nd, 2016

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.