India, Jan. 21 -- The Indian rupee weakened sharply on Wednesday, slipping 31 paise to a fresh all-time low of 91.28 against the US dollar in early trade, pressured by sustained demand for the greenback and a cautious global environment.
According to forex market participants, rising geopolitical uncertainties and renewed expansionary signals from the US have heightened risk aversion, keeping emerging market currencies under stress. Adding to the pressure, weak domestic equity markets and continued foreign capital outflows further dampened investor sentiment.
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