<h1>Currency depreciation: rupee pressured by stronger dollar, elevated bond yields, foreign outflows and weaker equity markets.</h1> Rupee depreciation reached a record intraday low driven by a stronger US dollar underpinned by elevated US bond yields and sustained foreign portfolio outflows; rising crude oil prices and weaker domestic equity markets, including net selling by foreign institutional investors, further pressured the currency, with the dollar index and benchmark equity declines cited as contemporaneous market indicators.