<h1>Rupee hits record low as foreign fund outflows, H-1B fee hike fears threaten remittances and market stability</h1> The rupee fell to a record low against the US dollar amid sustained foreign fund outflows linked to a newly announced US H-1B visa fee hike, which market participants say could slow remittances and curb services exports. The depreciation, coupled with equity sell-offs by foreign institutional investors, raises risks for external accounts and market stability, potentially prompting Reserve Bank intervention under foreign exchange management rules. Market commentary flagged sensitivity to US economic data, central bank statements and oil prices, while a government trade delegation to the US seeks to address broader trade and tariff concerns.