Rupee Hits All Time Low, Fell For 4th Consecutive Day Against US Dollar
The rupee fell 9 paise to register a lifetime low of 83.22 (provisional) against the US dollar on Thursday. This marks the fourth consecutive day of the downward trend of the rupee. The fall was credited to the firm American dollar and increased crude oil price.The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar.