Rupee weakens to 84.485 per dollar amid FPI outflows and month-end dollar demand

The Indian rupee weakened to 84.485 per US dollar on Thursday. Foreign investor selling and month-end dollar demand from importers pressured the rupee. RBI intervention likely capped excess weakness. Geopolitical tensions and FII outflows of Rs 11,756 crore in November are contributing to the rupee's decline.