Rupee fall unabated, now at 72 a dollar
Mumbai, Sept 6 (IBNS) : Continuing its steady fall, The Indian rupee on Thursday crossed the 72-mark against the U.S. dollar for the first time to reach an all-time low, reports said.
The fall is being attributed to weakness across emerging market currencies, rising oil prices and limited intervention from the RBI.
The rupee weakened 0.5 percent to 72.1050 against the dollar as of 12:50 pm.
The rupee has now fallen nearly 11.5 per cent so far this year.
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