Rupee
on Monday tumbled by 30 paise to end at a fresh 2016 low of 68.76.
Deteriorating sentiment in the midst of worsening impact of fund outflows is
said to be attributed to the fall. Massive funds outflows in the wake of
impending US Fed rate hike and a bullish dollar overseas have hit the rupee
sentiment. Rupee touched record low of 68.86 before settling at 68.74 - its
lowest in 39 months.