Rupee Hits New All-Time Low of 94.82 Against US Dollar Amid Global Tensions

• The rupee depreciated by 86 paise, closing at a provisional all-time low of 94.82 against the US dollar on Friday.
• Elevated oil prices and a stronger greenback, fueled by uncertainties in the West Asia conflict, contributed to the decline.
• A sharp fall in domestic equity markets and sustained FII outflows further pressured the local currency.
• The rupee opened at 94.18 and breached the 94.50-mark for the first time before settling at its new low.
• The dollar index rose 0.11 percent to 100, while Brent crude traded at USD 109.8 per barrel.