Weakness continues against U.S. dollar exchange rate, falls for four trading sessions in a row.

Rupee declined to a new record low of 81.69 today amid a strong move in the U.S. dollar index to a two-decade high of 114.41. The negative impact of global currency markets is also clearly visible in equity and commodity markets across the globe. The Indian benchmark indices BSE Sensex and CNX Nifty also fell around 2% during the first half of today’s trading session.

Unless we see any meaningful correction in the U.S. dollar index, global financial markets will continue to feel the pain. So, now investors of stock markets have only one mantra sit patiently until the dust settle.