New Delhi, Jan. 29 -- Indian rupee hit a record low of near 92.00 against the US dollar in early trade on Thursday amid broad weakness across Asian currencies as the greenback recovered. The Indian rupee opened at a low of 91.99 per US dollar as against its previous close of 91.78 level.
Sustained outflows of foreign capital flows and a rush to hedge against further depreciation overshadowed impulses from a buoyant domestic economy, leading to the local currency touch an all-time low.
The dollar index recovered slightly after the US Federal Reserve's policy decision, while US Treasury yields rose after the Fed acknowledged that inflation remained elevated and the labour market continued to stabilize.
On the domestic front, Union Financ...
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