Commodity Superfast: Indian Rupee Hits Record Low; Rupee Ends At Record Closing Low Of 78.97 Vs US Dollar

There does not seem to be a break on the fall of the Indian rupee against the US dollar. Experts say that the continuous selling of foreign investors from the Indian markets, the direct effect of increasing trade losses due to expensive crude is visible in the form of weakness in the rupee. The rupee touched a level of 78.97 against the dollar. The rupee has depreciated by 1.5% this month. Watch Commodity Superfast for more details.