15
Dec
New Delhi: The Indian Rupee extended its decline on Monday, slipping to a fresh all-time low and edging closer to the 91-per-dollar mark as sustained foreign portfolio investor (FPI) outflows and rising external headwinds weighed heavily on the currency.During intraday trade, the Rupee touched a low of 90.957 against the US dollar before settling around 90.904 at the time of reporting. The domestic currency has now weakened by over five per cent so far this year, reflecting persistent pressure from capital outflows and global uncertainty.Currency market participants attributed the fall largely to continued selling by foreign investors in both equity…
