Rupee hits a record low of 62 per dollar; Sensex tanks over 480 pts The rupee fell to a record low on Friday as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency and could even spark further selling if they spook foreign investors. The rupee hit an all-time low of 62.03 to the dollar, breaching its previous record low of 61.80 hit on August 6. Meanwhile, the BSE benchmark index Sensex declined by over 400 points in early trade, as funds and retail investors booked profits after recent gains amid mixed trend on other Asian bourses. The 30-share index, which has gained nearly 703 points in the previous four sessions, fell by 409.03 points, or 2.11% to 18,958.56 with all the sectoral indices led by consumer durables, banking and realty coming under pressure. Brokers said besides profit-booking by participants after four sessions of gains and a mixed trend on the Asian bourses in line with overnight loss...
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