The rupee on Wednesday fell to a fresh low in more than 13 months of 42.83 against the greenback after crude oil surged to a new peak in the international market and global equity markets weakened. In fairly active trade at the Forex market, the domestic currency opened sharply lower and later dropped further at the fag end to settle the day at 42.83/84 a dollar, 23 paise down. Month-end dollar demand from oil refiners and importers also weighed on the rupee sentiment. Meanwhile, benchmark Sensex survived to close in the green on the back of smart rally in oil counters, mainly that of top heavyweight and petrochem giant Reliance Industries Limites.
