Rupee closes at new low of 84.86/$ on global cues
MUMBAI: The rupee ended at a new closing low of 84.86 against the US dollar down nearly seven paise from its previous close of 84.79. The rupee had hit a new low of 84.88 in intraday trade on Thursday but had recovered on Friday following a recovery in the equity markets.Monday’s weakening was largely on…