Rupee plunges to new low

KARACHI: The value of rupee against dollar kept shrinking for the third day in a row, as inter-bank trading closed here at Rs75.15 to a dollar, the lowest thus far.Money market dealers said that the inter-bank trading yesterday had wrapped up at Rs73.75, while today it went swirling beyond Rs75 and wrapped up at Rs75.15, on the other hand, dollar in open market selling at Rs76.