Liliger Clubs -Russian Zoo
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Rupee hits all-time low of Rs 60.59 per dollar
The rupee on Wednesday fell to record low of 60.59 per dollar against the US currency on month-end dollar demand from importers, coupled with firm global cues. Persistent capital outflows from foreign funds also affected the rupee value against the dollar, forex dealers said. The rupee was down 23 paise earlier in the day on Wednesday. The rupee resumed lower at 59.74 per dollar as against the last closing level of 59.66 per dollar at the Interbank Foreign Exchange (Forex) Market and dropped further to 59.89 per dollar at 10:40 am. It hovered in a range of 59.72-59.90 a dollar during the morning deals.
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