Rupee hits all-time low of 92 against dollar, recovers slightly to end at 91.88 amid FII sell-off
The Indian rupee hit an all-time low of 92 against the US dollar on Friday, pressured by foreign fund selling, weak domestic equities, and global risk aversion. It recovered slightly to close at 91.88, reflecting persistent FII outflows and global uncertainties. Rising crude oil prices and US treasury yields also contributed to the decline.
