The domestic currency was last trading 0.2 per cent lower versus the US dollar at 78.95/$1. On Tuesday, the rupee had settled at a record closing low of 78.77 per US dollar.
The rupee weakened to a new low against the US dollar on Wednesday as domestic stock markets tumbled and as overseas investors showed no signs of letting up on sales of Indian equities.
At 10:15 IST, the BSE Sensex and the NSE Nifty were each trading 0.6 per cent lower than the previous close.
First Published: Jun 29 2022 | 11:22 AM IST