Rupee registers a new low of 81.90 against US dollar

The Indian currency on Wednesday fell by 37 paise to close at a new low of 81.90 against the US dollar.

During trading, the Rupee had fallen to 81.98 against the US Dollar. It had breached the 81-mark for the first time on September 23 and had finished trading at an all time closing low of 80.98 on that day.

On Wednesday, a negative trend in the share market and significant foreign fund outflows led to the decline of the Rupee against the American currency.

The equity markets fell on Wednesday as the 30-share BSE Sensex lost 240.25 points to 56,867.27 in early trade while its broader peer NIfty50 also fell by 72.75 points to 16934.65.

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