Rupee ends at record closing low as Asian peers slip



The rupee weakened slightly on Tuesday to end at a record closing low, pressured by weakness in other Asian peers and despite intermittent dollar selling intervention by the central bank in late trade. The dollar sales, however, helped cap further sharp losses, traders said.

The rupee settled at 83.5650 against the U.S. dollar, 0.1% below its close of 83.5050 in the previous session.