Subscribe To Our Free Newsletter |
Rupee slumps to record low, caps off fourth weekly decline
The rupee finished at 82.32 per U.S. dollar, down from 81.88 in the previous session. The rupee opened at 82.20 and reached a record low of 82.4250 in the session.The Reserve Bank of India likely intervened yet again to slow the pace of rupee's decline, three traders told Reuters.