The rupee was also a victim of a rally in oil prices sparked by the Russia-Ukraine conflict, which pushed India's current account deficit to a record high in the September quarter in absolute terms.
Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite.
Says high global commodity prices will lead to widening of current account deficit.
The scientific community fears that selling it off to a financial intermediary or trading company will eventually affect the future of research and development in electronics in India.
Deal will pave way for receipt of financial assistance.