Rupee hits record low of 95.70 per dollar

Mumbai: The rupee ‌fell to its weakest level ⁠on record on Tuesday ‌as investors fretted ‌over a fraying ‌ceasefire ⁠in ⁠West Asia, which sparked a ‌fresh rise in oil prices, deepening worries over ‌the economic hit to a ⁠net energy-importing economy.

The rupee fell ‌to 95.70 per dollar, down 0.3% from its previous ‌close and eclipsing its previous all-time ⁠low of 95.4325 ⁠hit last week.

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