Rupee Hits Fresh Record Low Of 70.32 Against US Dollar: 10 Points

INSUBCONTINENT EXCLUSIVE:
INR Vs USD: Experts believe that the rupee is unlikely to recover soon. The rupee hit a fresh record
low of 70.32 against the US dollar in early trade on Thursday
Experts believe that the rupee is unlikely to recover soon
Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns
about China's economic health continued to support safe-haven assets
However, the government said on Wednesday that the foreign exchange reserves are comfortable by global standards and can combat any undue
volatility in the rupee