The rupee edged lower by just 1 paisa to settle near all-time low at 84.08 against the US dollar on Friday, weighed down by a firm American currency and relentless foreign fund outflows.
Besides, a weak trend in domestic equity markets also dented market sentiment, forex traders said.
Also, they said, higher US treasury yields, fear of slower interest rate cut by the Federal Reserve and uncertain geopolitical scenario have prompted investors to move cautiously.
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