Rupee hits record low of 95.55 per dollar as oil prices rise further

The rupee ‌fell to its weakest ​level ⁠on record on Tuesday ‌as investors fretted ‌over a fraying ‌ceasefire ⁠in ⁠West Asia, which sparked ​a ‌fresh rise in oil prices, deepening worries over ‌the economic ​hit to a ⁠net energy-importing economy.

The rupee fell ‌to 95.55 per dollar, down 0.2% from its previous ‌close and ​eclipsing its previous all-time ⁠low of 95.4325 ⁠hit last week.

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