Mumbai:

The Indian rupee has broken down to the lowest level ever.

The value of one dollar has reached near 80 rupees.

Bloomberg and Reuters reported that the rupee partially closed at 79.87 per dollar on Thursday, while a dollar was priced at Rs 79.99, according to PTI.

A PTI report shows that the rupee has hit a historic low of 80 per dollar as it closed 18 paise lower at 79.99 on a massive and strong greenback in overseas markets.

Traders said fall in crude oil prices in the international markets put some restraint on the rupee's fall.

The rupee opened with a strong trend at 79.72 per dollar in the interbank foreign exchange market.

During trading, the rupee went up to a high of 79.71 and came down to a low of Rs 79.92.

In the end, the rupee closed at 79.90 per dollar, down by nine paise against the previous closing price.


The dollar index, which measures the strength of the dollar against the world's six major currencies, rose 0.37 percent to 108.36.

In the domestic stock markets, the BSE Sensex closed at 53,416.15, down 98 points.

Besides, global benchmark Brent crude futures fell by 2.20 per cent to $97.38 per barrel.