<h1>Rupee Hits Record Low of 85.83 Against USD Amid Market Declines, HMPV Concerns, Foreign Outflows, and Rising US Yields.</h1> The rupee fell by 4 paise to a record low of 85.83 against the US dollar amid declining domestic equity markets and ongoing foreign capital outflows. The drop was influenced by rising US bond yields and concerns over an HMPV virus outbreak, which increased the dollar's safe-haven appeal. The rupee opened at 85.77, reaching an intraday low of 85.84. Analysts noted the impact of weak domestic markets and foreign institutional investor outflows. Despite the decline, a softer US dollar and potential Reserve Bank of India interventions might support the rupee. The BSE Sensex and Nifty also saw significant declines, and foreign reserves decreased by USD 4.112 billion.