Rupee dollar rate today: Many analysts see the Indian currency dropping to 81 levels by the year-end
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.