The Indian rupee ended its winning streak, falling against the US dollar due to a stronger dollar and risk-off sentiment in regional markets. The rupee closed at 82.07 to the dollar, marking its worst single-day fall in months. High inflation and uncertainty about interest rates are key factors impacting the rupee. Other Asian currencies also experienced declines, while European equities extended losses. Investors are closely monitoring the US Federal Reserve’s interest rate trajectory for clues about future rate cuts.