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The rupee has seen a fall for the second consecutive day. 

Rupee has closed at all-time low against the dollar. 

The rupee on Friday closed down by 19 paise at 80.98 against the dollar. 

Earlier, during the day's trading, the rupee crossed the level of 81 for the first time in the interbank foreign exchange market and reached the level of 81.23 

The fall in the rupee was driven by US Treasury yields hitting several-year highs and higher dollar demand from importers. 

The rupee on Thursday had lost its biggest single session percentage fall since February. 

On Thursday, the rupee had depreciated by 83 paise against the dollar.