66.07 the high on a mixture of foreign exit flows and importer month end demand demand. No sign of intervention yet.

Stock markets are crumbling around the region also with the Indian Sensex down 3.31% or 613 points to 17945. The Nifty 50 also off 3.32%, down 181 pts and the Indonesian stock market down 3.89% or -160pts.

Nifty fifty 27 08 2013