Bankers Call for RBI Rescue as Rupee Hits Rock Bottom

Bankers are waving their arms, shouting, "RBI, we need you!" A dollar flood is pushing rupee premiums to dizzying heights, making the rupee the underdog of Asia this year. With the one-month premium hitting 55 paisa, the highest in six years, they're hoping the RBI can swoop in and save the day before things go sideways.