Rupee touches 66, markets shed 590 points

Mint 2018-02-16

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Rupee touched at 18 year low of 66 to a dollar to close at 66.19 while the markets tanked 590 points as investors remained unimpressed with government's plan for food security bill. The bill is likely to add to the subsidy bill and fiscal deficit. Mint's Ami Shah and Dinesh Unnikrishnan analyze the carnage that happened in Thursday's market

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