The rupee fell 9 paise to settle at an all-time low of 83.22 against the US dollar. The depreciation of the Indian currency continued for the fourth day.
At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell to 79.82, registering a decline of 11 paise over its last close.
Mumbai: At the interbank foreign exchange market, the domestic currency opened at 79.80 per dollar. It hovered in a range of 79.80 to 79.93 during the session. The domestic unit finally settled at 79.93, down 7 paise over its previous close of 79.86.
At the interbank foreign exchange market, the rupee opened lower at 70.32 a dollar against 70.10 previously and dropped further to a new low of 70.52 in late morning deals, down by 42 paise.
She also said farmers' distress will be compounded as the rupee fell further on Thursday to a new record low beyond Rs 70.20 against the dollar but recovered somewhat later.
The rupee has lost 25 paise, or 0.39 per cent, in the last two days. It hovered in a range of 64.13 and 64.34 per dollar during the day.
The rupee has crashed to nearly 39-month low of 68.86, plummeting by another 30 paise against the US dollar in early trade on Thursday.
New Delhi: Expressing concern over successive depreciation in the value of the Indian rupee, Prime Minister Manmohan Singh Friday said this was an outcome of external developments and promised measures internally to address the situation.In
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