Now calling a child or youngster “chubby” can be demeaning to them, for even an eight-year-old knows all about body-shaming
The rupee stretched its record fall for the fifth-straight session even as the Reserve Bank of India remained mostly on the sidelines, currency market participants said.
The rupee opened lower at 71.24 from the previous close of 71.21 at the inter-bank foreign exchange (forex) market.
Showing some initial resistant to the hardening dollar upsurge, the local unit bounced back to hit a session high of 71.09 briefly before resuming its downtrend.
After witnessing wide swings, it finally ended at its historic low level of 71.58, revealing a sharp loss of 37 paise or 0.52 per cent.
The domestic currency has been under pressure in recent past with deluge of headlines covering from a range of fundamental concerns against the grim backdrop of surging global crude prices and sustained capital outflows.
The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
Now calling a child or youngster “chubby” can be demeaning to them, for even an eight-year-old knows all about body-shaming
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