Rupee at new low of 74.46/$

The Indian rupee slipped to a fresh record low of 74.46 to a US dollar during the morning trade session on Thursday.

It opened at 74.31 to a dollar at the Inter-Bank Foreign Exchange Market and soon slipped to 74.46 to a greenback — the lowest-ever it has touched.

It made a slight recovery and around 9.30 a.m. and stood at 74.43 (74.4263) to a US dollar.