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Rupee forwards slump after RBI head quits

An attendant at a fuel station arranges Indian rupee notes in Kolkata, India, August 16, 2018. REUTERS/Rupak De Chowdhuri/File Photo (Reuters)

LONDON (Reuters) - Rupee forwards posted their biggest daily slump in more than five years on Monday, after Reserve Bank of India Governor, Urjit Patel, resigned for "personal reasons".

The one-month contract was last quoted at 72.62 per dollar compared to a spot market rate of 71.35 percent dollar.

(Reporting by Marc Jones; Editing by Tommy Wilkes)