Rupee hits fresh record low of 70.82 against US dollar
The Indian rupee on Thursday weakened to a new all-time low at 70.82 against the US dollar, after opening at 70.69 in morning trading. So far this year, the rupee has weakened over 9.7% against the dollar, making it the worst performing currency in Asia, while India's stock market BSE Sensex has gained nearly 15% since January.