MUMBAI – The Indian Rupee has hit the lowest level of history against USdollar.
Therupee link
hit a new record low of 74.27 against theUS dollar link
in afternoon trade Tuesday afterBrent crude link
breached the $84 a barrel-mark again and the American currencystrengthened overseas.
Moreover, unabated foreign fund outflows weighed on the rupee, traders said.
At theforex link
market, the domestic unit opened higher at 73.93 and advanced to 73.88 onfresh selling by exporters amid weakness in dollar against some currenciesoverseas.