The rupee continued its slide on Thursday too and virtually hit a 23-month low of 45.45 during early trade largely due to strengthening dollar overseas amid increased pressure on the domestic currency.
The US dollar jumped to a one-year high against the single european currency in overseas markets. In active trade at the Interbank Foreign Exchange (forex) market, the local currency resumed sharply lower at 45.35/36 a dollar from its previous close of 4 5.11/12 a dollar and later hit a low of 45.45 before being quoted at 45.39/40 a dollar in late morning deals.
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