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The rupee declined by 9 paise to settle at a new record low of 79.90 against the US currency on Thursday due to a firm US dollar in overseas markets and capital outflows.
We sifted through the papers to find the best opinion reads, so you won't have to.
Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India's currency hit new lows, prompting the government to curb gold imports and oil exports to arrest a widening deficit.
The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
Indian rupee hits record low at 76.96 against the dollar as crisis in Europe builds - Partially convertible rupee ended at 76.96 against the dollar, just off its record low of 76.97 hit earlier in the session. It closed at 76.16 Friday.