<h1>Indian rupee slides to record lows as import demand and foreign fund outflows pressure currency; RBI intervention may limit fall</h1> Indian rupee depreciated to a record closing low driven by strong dollar demand from importers and persistent foreign institutional investor outflows, producing exchange rate pressure and elevated volatility; this prompted market commentary that RBI foreign exchange intervention could provide support, mitigating sharper depreciation. Market risk aversion, geopolitics, and potential trade uncertainty were identified as contributing factors, with analysts indicating a near-term trading range and linking equity market declines and crude prices to broader balance of payments and capital flow stress.