India slides 3.65% to new record low against dollar

MUMBAI (AFP) - India's rupee plunged more than 3.6 per cent to a new record low against the dollar on Wednesday as concerns about a US-led military strike in Syria compound ever deepening economic woes at home.

The rupee, one of Asia's worst-performing currencies this year, slid 3.65 per cent to 68.66 rupees to the US dollar in morning trade, after sliding three per cent on Tuesday.

The benchmark Bombay Stock Exchange index also suffered a sell-off, sinking 2.66 per cent.