Rupee Slips to AllTime Low, Traders Expect Gradual Depreciation to Persist
MUMBAI, July 26 Reuters The Indian rupee declined to its weakest level on record on Friday, pressured by dollar demand from local oil companies, custodial banks and tepid risk sentiment. The rupee was at 83.7175 against the U.S. dollar as of 1035 a.m. IST, having slipped to a record low of 83.7250 in early trade. […]