Rupee opened at 70.57 a dollar from its previous close of 70.59 but slipped to hit a fresh low of 70.82 at the Interbank Foreign Exchange (Forex) market.
Reliance Naval and Engineering Limited operates the country's largest integrated shipbuilding facility and has obtained a license and contract to build warships.
Outlook Money has been put on the third position in the list of Top 10 behind the New York based Money Magazine and Washington DC based Kiplinger’s Magazine.
At the Interbank Foreign Exchange, the local currency opened at a low of 70.03 a dollar, down from its previous close of 69.81, and weakened further to trade at a 70.08, down by 27 paise.
The Indian currency had collapsed to a historic intra-day trading low of 70.40 before closing at fresh life-time low of 70.15 per dollar on Thursday, down by 26 paise or 0.37 per cent.
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