Rupee hits another all-time low
New delhi - Arabstoday
The Indian rupee fell below the psychological level of 55 to hit a new historic low on Monday, setting up the prospect of further falls unless the government or RBI take measures or intervene aggressively. External and internal pressures play a major role in rupee fall including higher demand and limited supply, analysts told Khaleej Times. The partially convertible unit hit its fourth consecutive daily all-time low of 55.05 per dollar during the session, before closing at 55.03/04, according to SBI data, well below its 54.42/44 close on Friday. Against the UAE dirham, the rupee also touched a record 14.94 level on Monday.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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