Updated on
Summary Rupee closed on a record low for the second day in a row to end at 91.97/92.02 to the dollar,
The rupee closed on a record low for the second day in a row to end at 91.97/92.02 to the dollar, amid higher import payments particularly for oil, compared to Tuesdays close of 91.65/70.Several import payments are due to go out tomorrow, mostly oil, so I expect pressure on the rupee to continue until then, said a currency dealer.Overnight rates in the money market closed almost flat at 9.00, compared to Tuesdays close of 9.10, because of increased liquidity
