The Indian rupee depreciated to a record low of 88.10 against the US dollar. This decline occurred due to worries about Indo-US trade and strong dollar demand. Foreign fund outflows also put pressure on the rupee. Domestic equities provided some support, leading to a slight recovery. Concerns over US tariffs and rising crude oil prices may further strain the rupee. Post navigation Currency circulation: Rs 2000 notes worth Rs 5,956 crore still remain; RBI says 98% returned since withdrawal DGCA grants safety clearance to AISATS