The rupee plunged 39 paise to close at an all-time low of 87.46 against the US dollar as global trade war concerns and potential Reserve Bank of India rate cuts pressured investor sentiment. The upcoming RBI monetary policy decision on February 7 could influence currency and equity markets. Meanwhile, Brent crude declined to USD 75.81 per barrel, and FIIs remained net buyers.
Rupee Hits Record Low of 87.46/USD
