The Indian rupee dropped to an all-time record low of 61.51 per dollar on Tuesday Aug 6,2013
in the late morning session on fresh dollar demand from banks and
importers amid weakness of dollar in the overseas market and fall in the
equity market.
The rupee resumed lower at 61.05 per dollar as against the last closing
level of 60.88 per dollar at the Interbank Foreign Exchange (Forex)
Market and dropped further to 61.51 per dollar before quoting at 61.43
at 1030 hrs.
The intra-day lowest of 61.21 was recorded on July 8, 2013.
Fresh dollar demand from banks and importers in view of fall in the
equity market mainly affected the rupee value against the dollar
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