Dollars

The Indian rupee hit a new record with a low of Rs 77.81 against the US dollar, on June 9. At the interbank foreign exchange market, the rupee slumped to a 13 paise low. The developments came after the rupee against dollars increased by 10 paise, on June 8.  Furthermore, the fall in the rupee against the dollar came at a time when crude oil prices, RBI policies are concerns.