Rupee hits all-time low: Currency breaches 89/$ mark for first time; steepest drop in over 3 months

The rupee logged its steepest single-day drop in more than three months on Friday, breaching the 89-per-dollar mark for the first time amid weak sentiment across domestic and global equity markets. The currency fell 78 paise intraday to 89.46 against the US dollar.At the interbank […]