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.