The value of the US dollar against the rupee touched another all-time high for the second consecutive day on Friday, reaching Rs156.80 in the interbank market after an increase of Rs2.80.
The dollar closed at Rs155.85 in the interbank.
In the last two days, the local currency has lost almost Rs5 against the dollar, setting a new record of Rs157 in the interbank market. The rupee’s slide had continued on Thursday as it fell as low as Rs154 in the interbank market.
Similarly, a massive increase in the value of gold was also seen on Friday, with the yellow metal trading at Rs75,900 per 12 grams, posting an increase of Rs2,700 per 12gms.