The Falling Rupee

Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash

Rupee hits all-time low versus dollar

The rupee hit a record low against the dollar, breaching 54.30 vs the dollar, succumbing to the steep risk aversion hitting global markets and highlighting the vulnerabilities of the country.  Full Article | Related Story 

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Iran lacks weapons-grade nuclear material -U.S.

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WASHINGTON, March 10 | Tue Mar 10, 2009 8:14pm IST

WASHINGTON, March 10 (Reuters) - Iran lacks weapons-grade highly enriched uranium and has not yet made a decision on whether to produce any, U.S. intelligence officials told Congress on Tuesday.

The officials -- Director of National Intelligence Dennis Blair and Defense Intelligence Agency Director Lt. Gen. Michael Maples -- also said recent Iranian missile tests were not directly related to its nuclear activities. They said the two programs were believed to be on separate development tracks.

(Reporting by Randall Mikkelsen, Editing by Sandra Maler)

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