Aug. 30 (UPI) -- The Indian rupee fell to a record low on Thursday on higher energy prices, month's-end dollar demands from importers and concerns about emerging markets.
The rupee declined to 70.810 against the dollar on Thursday, after a previous new low of 70.475 to the dollar on Wednesday. A rupee is now worth less than one and one-half U.S. cents, a nearly 11 percent decline against the U.S. dollar since 2018. It is currently Asia's worst-performing currency.