<h1>Rupee Hits Record Low at 86.04 Against USD Amid Strong Dollar, Rising Oil Prices, and Foreign Fund Outflows.</h1> The rupee fell to a record low of 86.04 against the US dollar, declining by 18 paise, due to a stronger dollar and significant foreign fund outflows. Contributing factors included rising crude oil prices and negative sentiment in domestic equity markets. The US dollar's strength was bolstered by expectations of restrictive trade measures from the incoming US administration. The rupee opened at 85.88, peaked at 85.85, and settled at 86.04. Analysts suggest the rupee may face continued pressure from foreign investor outflows and rising US treasury yields, though potential RBI intervention could offer support.