Rupee slides on importer dollar demand

Friday, 24 February 2012 00:01 -     - {{hitsCtrl.values.hits}}

The Rupee closed weaker at 119.30/45 a dollar, compared with Wednesday’s close of 118.80/85 on heavy importer dollar demand.

It hit an all-time low of 120.90 on 15 February, after the central bank stopped supporting a specific price level.