Indian rupee extended an eight-month decline to breach a key psychological level of 90 and touched the all-time intraday low of Rs 90.30 against the dollar. However, it recovered some ground to close at a new all-time low of 90.21, down 25 paise from its previous close. Rupee has dipped over 5 per cent against the dollar year-to-date and is among Asia’s worst performers. The rupee has declined to 90 from 85, and it took a little under a year or less than half the time it took to fall from 80 to 85.