News > Rupee hits record low of 83.06 against U.S. dollar

Rupee hits record low of 83.06 against U.S. dollar

The rupee depreciated 6 paise to a record low of 83.06 against the U.S. dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Besides, a sell-off in domestic equities and risk-averse sentiments weighed on the local unit, forex traders said.