No respite for rupee, falls to new low of 92.48 vs $ – The Times of India
MUMBAI: The rupee closed at 92.46 on Friday after touching a record low of 92.48, down 27 paise from the previous close of 92.19, as high crude prices and weekend demand for dollars weighed on sentiment. Market participants said currency losses were partly limited by likely central bank intervention.Energy prices remain elevated as the Gulf…