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Rupee falls past 64/dollar; funding deficit a concern

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Reuters MUMBAI
Last Updated : Aug 20 2013 | 9:45 AM IST

MUMBAI (Reuters) - The rupee extended losses past 64 to a dollar on continued concerns about how India will fund its current account deficit in case fund flows taper out of emerging markets.

The rupee fell to 64.05 to a dollar, a record low, breaching a key psychological level of 64. It had last closed at 63.13/14. (Reporting by Subhadip Sircar; Editing by Anupama Dwivedi)

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First Published: Aug 20 2013 | 9:29 AM IST

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