Rupee Seen World’s Most-Volatile on Slippery Path

Rupee Seen World’s Most-Volatile on Slippery Path

Dhiraj Singh/Bloomberg

Financing pressures have weakened the rupee, which plummeted the most in 20 years to an unprecedented 68.8450 per dollar on Aug. 28 on concern a surge in oil prices amid political tension over Syria will worsen India’s current account and push the economy toward its biggest crisis in 1991.