Rupee touches new low! Currency crosses 90 level mark against US dollar – Why is it important?
Rupee extended its downward momentum on Wednesday, falling 9 paise to hit its lowest level of 90.05 against US dollar in early trade. With this, the currency continued its week streak, recording new lows since the week began. Earlier on Tuesday, Rupee fell 42 paise to close at 89.95 against the US dollar further down…