New Delhi, Nov. 21 -- The Indian rupee slipped to a record low of 89.43 against the US dollar in Friday's trade amid rising demand for the dollar in the international market and the consecutive selling by foreign investors putting pressure on the rupee.

The dollar index, which tracks the US currency against six major peers, was up 0.01% at 100.09.

Brent crude traded 1.29% lower at USD 62.56 per barrel in futures trade, offering some relief on India's inflation and import bill outlook.

Notably, on Thursday, the Rupee had closed at 88.68 per dollar, falling 20 paise.

The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee.

Experts believed that the ...