US
Rupee hit a record low the next day and is expected to decline further to about 84.50 by the end of this year
INR dropped to a record low of 81.5775 as USD index raced to its highest level since May 2002
The unit touched an all-time low of 78.7750 during Tuesday's trading
High crude also widens the country's trade and current account deficits
Patel resigned following months of tensions with government over interference in policy
Currency has dropped 10% since the start of 2018
Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies
Modi's shock November 8 announcement rendered 86 percent of India's currency void