Rupee set to slip below 60

Having touched the 57 to a dollar mark, the rupee is now trading close to its yearly low - recording a
loss of over 2 per cent in the last one week.

The rupee has been under pressure since the beginning of the year, and the latest fall is a result of the US Federal Reserve's decision to raise interest rates.

The rupee has been under pressure since the beginning of the year, and