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Rupee hits all-time low of 51.81/82

Extending its losses to sixth day in a row, the Indian rupee on Monday hit a new life-time low of 51.81/82 against the American currency in morning trade due to continued capital outflows amid dollar demand.

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Extending its losses to sixth day in a row, the Indian rupee on Monday hit a new life-time low of 51.81/82 against the American currency in morning trade due to continued capital outflows amid dollar demand.

The domestic currency resumed sharply lower at 51.50/55 a dollar against its last weekend's close of 51.12/14 a dollar and later tumbled to an all-time trading low of 51.81/82 a dollar before being quoted at 51.67/68 a dollar at 1030 hrs.

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