The rupee weakened below the psychologically important 84.50-per-dollar level to hit an all-time low on Friday as the greenback's post-U.S. election rally revived and as foreign investors continued to pull out of domestic equities and bonds.

MUMBAI: The rupee closed higher on Friday at 84.44, gaining six paise from Thursday's close of 84.50, though it closed marginally lower for the week. A rebound in the equity markets offered some support,

Rupee trading in narrow range as U.S. dollar strengthens, Brent oil rises amid Ukraine-Russia conflict, FIIs sell equities.

The Indian rupee is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio outflows also remain a worry for the local currency.

The Indian Rupee (INR) weakened to an all-time low on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump’s victory in the US presidential elections drag the local currency lower.

At the interbank foreign exchange, the rupee opened at 84.48 and touched an intraday low of 84.50 against the greenback earlier in the day

The rupee fell to a record low, closing 8 paise down at 84.50 per dollar on Thursday. The depreciation was attributed to a combination of domestic and global factors, including a massive sell-off in Indian equity markets and a surge in crude oil prices.

The Indian rupee declined to its weakest level on record on Friday as a resurgent dollar and sustained portfolio outflows pressured the currency, while heightened geopolitical risks also dampened risk appetite.

The Indian rupee hit a record low of 84.50 against the US dollar, pressured by geopolitical tensions, a sell-off in domestic equity markets, and rising crude oil prices. Foreign institutional investors continued selling,

MUMBAI: The rupee sank to an all-time low of 84.50 against US dollar on Thursday, declining 0.1% during the session and 1.5% this year. The currency's weakness was primarily driven by foreign fund outflows from Indian markets and heightened risk aversion linked to escalating geopolitical tensions,

Global investors search for a safe haven amid rising geopolitical uncertainty in Ukraine. The domestic sell-off was fueled by weak corporate earnings.