Rupee slides to new low of 78.33 to the dollar

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The rupee closes at a new low of 78.33 per dollar

The Rupee slips 1 paisa to tentatively close at a new all-time low of 78.33 against the US Dollar.

In a volatile trading day, the rupiah started Friday with gains but ended at its all-time low, marking the third consecutive day of closing at a lifetime low.

In the interbank foreign exchange market, the local currency opened at 78.20 and eventually stabilized at its all-time low of 78.33, down 1 paisa from its previous close.

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During the day, the currency saw an intraday high of 78.19 and a low of 78.35 against the US currency.

On Thursday, the rupee had settled at 78.32 against the US dollar.

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