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Rupee plunges to record low, breaches 65 per dollar

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Reuters MUMBAI

MUMBAI (Reuters) - The rupee extended falls to a new low of 65.50 to the dollar as heavy demand from importers along with weak domestic equities continued to weigh on sentiment.

The partially convertible rupee was trading at 65.36/42 per dollar at 11:22 a.m., 2.1 percent below its close of 64.11/12 on Wednesday.

(Reporting by Swati Bhat; Editing by Subhranshu Sahu)

 

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First Published: Aug 22 2013 | 11:30 AM IST

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