South Asian Observer - Business News : Rupee falls to 51.12 against dollar
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Rupee falls to 51.12 against dollar
( Feb 28 2009 )
 

Mumbai, Feb 27 (ANI): The Indian Rupee on Friday depreciated to an all time low of 51.12 against the US currency.

 

 

The Pound sterling also finished higher at Rs. 72.49 at the close of Interbank Foreign Exchange market.

 

The rupee on Thursday only set a fresh low record of 50.46 on sudden surge in demand for dollar.

 

The previous low record of the domestic currency was recorded on December 2, 2008, when it touched the intra-day high of 50.60.

 

At its low the rupee was down 4.5 percent so far this year. (ANI)


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