Rupee hits new low of 85.80/$, biggest 1-day fall in 2 years – Times of India
MUMBAI: The rupee plunged to a record low on Friday, closing at 85.53 against the dollar from it’s previous close of 85.26. In Friday’s trades, it briefly touched an intraday low of 85.80 – its sharpest fall in nearly two years, Bloomberg reported.The fall in the rupee was driven by panic dollar buying from importers,…