The Indian rupee is expected to open lower on Wednesday, with traders targeting a range of 94.80 to 94.85 per US dollar.
This follows a Tuesday close of 94.7350, marking a continuation of the currency's recent slide against the greenback.
The pressure on the rupee stems from a broader surge in the US dollar, which has climbed to its highest level in more than a year.
The dollar's strength is being driven by a combination of risk-off sentiment in global markets and renewed bets that the Federal Reserve may implement further interest rate hikes.
These macro forces are weighing heavily on emerging-market currencies, reversing some of the rupee's recent stability.
Over the past week, the rupee has already weakened marginally, losing approximately 18 paise, or 0.2 percent, to close near 94.74.