Dollar Vs Rupee where Rupee slides beyond 78 per US dollar for first time, Hit record low

Dollar Vs Rupee: The Indian rupee fell to a new record low beyond 78 against the US dollar today after red-hot US inflation data raised the prospects of aggressive Fed tightening later this week. The dollar was stronger on haven demand amid rising costs and slower growth. The Indian rupee touched a lifetime low of 78.28 to the dollar.