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The Cost of Indias Crisis

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The Cost of Indias Crisis
AIRED:
India's rupee has lost a fifth of its value against the USD this year - by far the worst performer in emerging Asia. India is the world's biggest gold buyer. Gold prices recently hit a record high in rupee terms - despite declining globally. Prices of onions, an Indian staple, have more than tripled in the past two months. A Groupon deal offering discount onions drew so many customers the website crashed.moreless
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