Rupee closes at record low against US dollar for 3rd day in a row, reaches 78.33

The Indian rupee slipped by 1 paisa to close provisionally at a new all-time low of 78.33 against the US dollar on Friday. The rupee initially gained during opening trade on Friday, but ended the day at a new low, marking the third consecutive day of record low closes. On Thursday, rupee settled at record low of 78.32 against dollar.