The rupee opened at 83.5100 to the U.S. dollar, down from 83.4500 in the previous sessions and dipping past the 83.4550 record low hit on April 4.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equity benchmarks ended the week marginally lower amid sustained FII outflows and US-India trade uncertainty, though sentiment improved after a US Fed rate cut.