The rupee slipped to an all-time low of 92.00 against the US dollar in early trade on Thursday, pressured by sustained dollar demand and a cautious global risk environment.
Forex dealers said the local currency weakened as the dollar index rebounded from its 4«-year lows, after the US Federal Reserve kept interest rates unchanged at the conclusion of its first policy meeting of 2026.
Heightened geopolitical uncertainties have further dented risk appetite, keeping emerging market currencies under pressure, traders added.