Rupee continues to fall
Rupee continues to fall against dollar in trade with strong greenback demand amid growing concerns on PAK-US tensions, closing at Rs 87.62 in interbank and Rs 89.80 in open markets.
The rupee fell to a record low on Thursday and is headed to its worst month in half a year as global risk aversion deepened, while caution prevailed ahead of economic data that is expected to show a further slowdown in growth.