<h1>Rupee hits record closing low near 92 against US dollar amid foreign outflows, crude pressures and external sector risks.</h1> Rupee depreciation to an all-time closing low near 92 was attributed to sustained foreign portfolio outflows, geopolitical uncertainty and higher crude prices, causing exchange rate volatility and downward pressure on the currency. Market commentary noted importer demand and precautionary hedging amplified moves while the central bank retains capacity to smooth volatility without defending a specific level. The Economic Survey flagged external sector risks and investor reluctance to commit funds despite stable domestic growth and inflation, stressing dependence on foreign capital flows for balance of payments stability and warranting examination of capital flow dynamics.