Indian rupee hits record low at 84.66 vs US dollar

The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and rising US bond yields. RBI’s intervention helped cap the decline. The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and rising US bond yields. RBI’s intervention helped cap the decline.  Economic Times