Rupee falls 15 paise to close at all-time low of 82.32 against US dollar
On Thursday, the Indian currency had ended below the 82-mark for the first time.
The rupee on Friday fell by 15 paise to close at an all-time low of 82.32 against the US dollar, PTI reported.
The Indian currency opened at 82.19 against the dollar and then fell to 82.43 before closing at 82.32.
On Thursday, the rupee fell by 55 paise and stood at 82.17 against the dollar at end of the trading session. This was the first time that the Indian currency fell below the 82-mark at closing, due to the demand for dollars from oil importers.
Foreign exchange traders have cited the escalation of geopolitical risk in Ukraine and rate hikes by the United States Federal Reserve and the Bank of England as reasons behind the dwindling value of the rupee.
Meanwhile, the 30-share BSE Sensex slumped by 30.81 points to end at 58,191.29. The broader 50-share NSE Nifty fell by 17.15 points to close at 17,314.65.
