MUMBAI:
The rupee ended at 85.2625 to the dollar, against 85.20 in the previous session. It hit an all-time low of 85.2825 earlier in the session.
"Importers were pretty active in the session, while trading volumes were relatively low towards the year-end," a trader with a private bank said.
The rupee's drop to 85 from 84 happened over two months, while the decline to 84 from 83 took nearly 14 months.
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