Rupee slides further against US dollar, hits record low of 88.4425
Rupee hit a record low of 88.4425 against the US dollar on Thursday as it fell 34 paise due to tariff-related concerns. US tariffs on Indian goods, which kicked in August, are denting investor confidence, making the rupee one of the most vulnerable Asian currencies. The currency had hit its previous record low of 88.36 on September 5.