Rupee Hits Record Low Of 95.86 Against U.S. Dollar In Early Trade
The Indian rupee weakened by 20 paise to hit a record low of 95.86 against the U.S. dollar during early trade on Thursday. Rising crude oil prices and strong demand for the American currency pressured the local unit. Traders said foreign fund outflows and weak domestic equities also affected market sentiment. A stronger dollar in…
