Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Market Decline and Capital Outflows
The Indian rupee fell to a new all-time low, slipping 4 paise to 84.11 (provisional) against the US dollar on Monday. This drop was driven by weak domestic market trends and ongoing foreign capital outflows, forex traders reported. Domestic equities saw a sharp decline of 1.18%, while a rebound in crude oil prices and continued…