The rupee is falling and falling for the second week as demand for the dollar exceeds likely support from the RBI

The Indian rupee ended lower on Friday, breaking below the critical 90 per dollar mark and posting a second straight weekly decline amid continued demand for year-end dollars.The rupee opened slightly firmer at 89.93 and stayed above 90 early, supported by dollar selling from state-owned banks, traders said. Later, the price slid through the 90 […]