Rupee settles at all-time closing low of 94.86 against US dollar

Mumbai, 29/4: Rupee settled at an all-time closing low of 94.86 (provisional) against US dollar on Wednesday.

In early trade, rupee fell 11 paise to 94.79 against the greenback.

On Tuesday, the rupee depreciated 53 paise to close at 94.68 against the US dollar, as elevated crude oil prices and unabated foreign capital outflows amid rising geopolitical uncertainties dented investor sentiments