Rupee vs Dollar, May 15 -- The Indian rupee continued its slide on Friday, opening 11 paise weaker at 95.87 against the US dollar as rising US Treasury yields, elevated crude oil prices and persistent foreign fund outflows weighed heavily on the domestic currency.

The rupee has now weakened for three consecutive sessions and has declined around 1.36% so far this week, hitting fresh record lows.

On Thursday, the rupee touched an all-time intraday low of 95.9575 against the dollar before recovering marginally as sustained foreign equity outflows, strong dollar demand from oil marketing companies and importers, and muted exporter dollar selling continued to weaken sentiment.

The pressure on the rupee has intensified amid a sharp rise in c...