Explained: Rupee falls 14 p again to 77.69 against USD; what is causing this sharp decline

The Indian rupee weakened on Tuesday, to touch a record low of 77.69 versus the dollar, tracking broad gains in the US currency alongside weakening in offshore markets, with traders watching the domestic share market for clues to fund flows. What is causing this sharp decline, Mythili Bhusnurmath, The Economic Times Consulting Editor, Explains.