<h1>Rupee hits record low amid foreign fund outflows and geopolitical risk, RBI intervention only partially easing volatility.</h1> The rupee fell to an intraday record low of 91.99 against the US dollar due to persistent foreign fund outflows and heightened geopolitical risk; RBI intervention has smoothed volatility but not reversed the decline. Market participants view a pending US trade agreement as a key stabiliser, and until geopolitical risk eases and the deal materialises the currency is likely to remain vulnerable. Equity indices fell and foreign institutional investors registered notable net selling, reflecting cross-market stress linked to the currency weakness.