Rupee On The Brink Of 80 Per Dollar, Closes At New Record Low Of 79.99 After Settlements

The rupee ended on the brink of 80 per dollar, just a technicality of a touch lower at 79.99 keeping it away from the key psychological level.

The rupee ended Thursday on the brink of 80 per dollar, just a technicality of a touch lower at 79.99 against the greenback, keeping it away from the key psychological level.

Bloomberg and Reuters reported that the partially-convertible rupee closed at 79.87 per dollar, while PTI quoted the rupee at 79.99 close after settlements.

A PTI report showed the rupee edged ever so closer to the historic low of the 80 per dollar mark as it declined a little over 18 paise to settle at 79.9975 on a rampant and stronger greenback in overseas markets.