Rupee at a historic low at 79.58 against dollar in early trade; down 13 paise

New Delhi, 12/7:The rupee on Tuesday opened at a historic low, down 13 paise to 79.58 against US dollar in early trade as strong American currency overseas and losses in domestic equities weighed on investor sentiments.

Besides, persistent foreign fund outflows and elevated crude oil prices kept the pressure on the local unit, forex traders said.

 

At the interbank foreign exchange, the rupee opened lower at 79.55 against the American dollar and slipped further to quote at 79.58, a decline of 13 paise over its last close

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