Rupee falls to record low wary of RBI

MARKETS-INDIA-RUPEE:Rupee falls to record low wary of RBI

The rupee fell to a record low on Thursday tracking a slump in global risk assets, including the euro, and hurt by continued greenback demand from oil importers.

At 1.17 p.m, the rupee was at 56.5025/54 after falling to as low as 56.55, past its previous record low of 56.52 hit on May 31.

Traders remained wary of pushing the rupee lower after the RBI was suspected intervening earlier in the session. (Reporting by Subhadip Sircar; Editing by Rafael Nam)