The Indian rupee logged its worst weekly fall in nine-months, hurt by dollar demand from oil firms and gold importers as well the broad risk-off sentiment.
At the Interbank Foreign Exchange (Forex) market the partially convertible rupee ended at 57.15 per dollar, recording this year's biggest fall of 85 paise in a day, after hitting a record low of 57.37.
For the week, the rupee dropped a little over 3 percent, to post its worst weekly decline in nine months.
Dealers said RBI action was missing in forex market even as rupee continued its free-fall for the fifth day in a row. They also said the rupee breached the 57 level due to strong dollar demand from oil importers in the wake of crude falling to near 18-month low of USD 90 a barrel levels.