New Delhi, Jan. 30 -- The rupee on Friday hit its record low of 92.02 before ending a tad higher at 91.97 against the US dollar, amid a firm American currency and volatile geopolitical cues.

Forex traders said sustained withdrawal of foreign funds and a negative trend in domestic equities weighed on investor sentiment.

At the interbank foreign exchange, the rupee opened at 91.89 and gained ground, touching 91.82 against the greenback during intraday trade. The currency touched its lowest-ever level of 92.02 before ending the session at 91.97 against the dollar, registering a gain of just 2 paise from the previous closing level.

On Thursday, the rupee ended flat at its lowest level of 91.99 against the dollar. The currency recorded its ...