The reeling rupee has yet again hit a record all time low against US dollar in the open market.
US dollar reached as high as Rs.94, which is an all-time high in history of the country.
Forex dealers were of the view that it gained strength against rupee due to a rising demand of USD by the exporters.
Currency savants said if USD is not stopped in its tracks now the imports would go dearer fuelling inflation big time.