At the interbank foreign exchange, the rupee opened at an all-time low of 84.23 against the greenback, registering a fall of 14 paise over its previous close. On Tuesday, the domestic currency had settled 2 paise higher against the American currency.

MUMBAI: The Indian rupee declined in the non-deliverable forward market, bogged down by a jump in the dollar index and weakness in Asian peers amid US election updates. The 1-month USD/INR non-deliverable forward was quoted at 84.28/84.32.

The Indian rupee weakened to an all-time low on Wednesday as early results of the U.S. presidential election boosted the dollar and pegged back Asian currencies.