<h1>Currency depreciation pressures the rupee after a visa fee shock, with foreign outflows and potential central bank intervention expected.</h1> The rupee depreciated to a fresh low driven by sustained foreign outflows after a significant US H-1B visa fee increase, with analysts linking the move to weaker IT exports, remittance risk and adverse market sentiment. Commentators noted possible Reserve Bank intervention to support the currency, and advised watching macro data, official speeches, the dollar index, crude futures, equity declines and foreign portfolio outflows for further direction.