Rupee hits new record low as US currency surges globally

Mumbai (Maharashtra) [India], July 12 (ANI): The Indian rupee hit a fresh record low against the US dollar on Tuesday as the American currency strengthened globally amid weakness in the global equities.

At the interbank foreign exchange market, the partially convertible rupee hit a record low of 79.66 against the US dollar.

The rupee closed at 79.60 (provisional) on Tuesday against its previous day's close at 79.45 agains