Rupee fall continues.

The Indian rupee's collapse shows no sign of abating, with the currency hitting yet another record low of 68.71 to the dollar as the tension in the Middle East adds to the Fed's prospective tapering and domestic economic problems as reasons to sell. However, shares have recovered from earlier losses and were +0.2% at the time of writing. The collapse in the rupee is causing havoc for companies, as it's boosting import costs at the same time that consumer spending is falling.