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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COLOMBO, June 13 | Sun Jun 13, 2010 2:45am IST

COLOMBO, June 13 (Reuters) - Sri Lanka issued a tsunami alert for its coastal areas before dawn on Sunday following a strong quake with a magnitude of 7.5 in the Indian Ocean near India's remote Nicobar Islands, an official said.

"We had issued the tsunami alert to all the coastal areas and are on watch for evacuation," Pradeep Koddipily, an official at the national disaster management centre, told Reuters.

(Reporting by Ranga Sirilal; Editing by Paul Tait)

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