New Delhi, May 14 -- The rupee hit a fresh record low today (Thursday, 14 May), breaching the 95.85 mark against the US dollar amid persistent external pressures.

The rupee opened 2 paise lower at 95.73 against the US dollar on Thursday, 14 May, weighed down by persistent oil-related pressures that have lingered in recent weeks. It had settled at 95.7050 in the previous session, after hitting a lifetime low of 95.7950.

The rupee fell 0.1% to 95.8525 against the US dollar, surpassing its prior all-time low of 95.7950 set in the last trading session.

This week, the rupee has dropped 1.4% and has registered all-time lows on every trading day from Tuesday to Thursday.

The rupee has declined by over 6% against the US dollar since the onset...