From, “Indian Rupee Tumbles to Fresh Low,” by Sourav Mishra, 12/14/11, The Wall Street Journal:
“The beleaguered Indian rupee tumbled for a third straight session to a fresh record low against the U.S. dollar Wednesday, tracking weak local stocks and the euro, which fell close to a one-year low in overnight trade.
The dollar was at 53.70 rupees late Wednesday, after touching an intraday high of 53.88 rupees. The greenback's previous record high was 53.515 rupees, hit on Tuesday.”
Beleaguered: besieged with difficulties
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