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Rupee not in shambles; will take action as warranted: Rajan

Last Updated: Thursday, June 20, 2013, 11:45

With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the Finance Ministry Raghuram Rajan said on Thursday.

Rupee hits fresh 5-month low of 54.26 against dollar; all-time low in sight

Last Updated: Wednesday, May 16, 2012, 10:09

The rupee had touched a record intra-day low of 54.32 on December 15, 2011.