The rupee today hit a record low of 79.11 vs US dollar against previous close of 78.97 as persistent foreign funds outflows weighed on investor sentiments. The US dollar has appreciated over 6% against the US dollar so far this year. Broad strength in US dollar also weighed on the rupee. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher at 104.90.
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