MUMBAI: Indian rupees weakened in opening trading on Thursday to reach the lowest record of Greenback for the fourth successive session after the data showed U.S. inflation, which was already in four decades, accelerated further.
The dollar continues the endless increase, driven by the two hopes for faster policy tightening by the Federal Reserve and the Safe-haven flow when fears of growing for recession.

Rupees that can be converted are partly traded at 79.75/76 per dollar with 0338 GMT, compared to the closure of 79.63 on Wednesday. This unit touched a low life 79.77.
Traders expect dollar sales interventions by the central bank to slow down slides in rupees but expect it to touch the 80th level to the dollar in the near future.