Rupee Vs US Dollar Decline Continues Thursday Aug 22,2013

The Rupee on Thursday Aug 22,2013 tumbled further and hit an all-time low of 65.12 against the US currency in the late morning trade on persistent dollar demand from banks and importers

The rupee resumed lower at 64.85 per dollar as against the Wednesday’s closing level of 64.11 per dollar at the Interbank Foreign Exchange Market and dropped further to an all-time low of 65.12 per dollar