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A slide in the value of the rupee, which hit a record closing low against the U.S. dollar last week, has added to inflationary pressures in India.
Leading shares have lost more than 5% of their value and slumped to a six year closing low, dragged down by yet more unwelcome news from the financial sector.
The dollar sank to a record closing low of 1.5605 marks in Europe, down from 1.5685 marks late Tuesday and below its previous trading low of 1.5615 marks on Jan . 4 , 1988
The round 1,300 area is just below the January closing low of 1,310.50.
To be sure, temporarily closing low priority immigration cases has its challenges.
Its previous closing low was 1,314.95 on Nov. 30.
Similar(15)
The state will replicate the city's practice of closing low-performing schools.
Smarick advocates for closing low-performing traditional and charter schools, allowing only successful institutions to continue operating.
"These savings will be achieved by a combination of further efficiencies in departments, closing low-value programmes, and focusing on our priorities as a country," Osborne will say.
Mr. Bloomberg said his critics fundamentally misunderstood the purpose of closing low-performing schools, a centerpiece of his efforts to shake up the school system.
The Education Department has worked in Mr. Bloomberg's third term to preserve several of his most important policy achievements, including his emphasis on closing low-performing schools.
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