The Indian rupee depreciated by 35 paise to reach an all-time low of 83.48 against the US dollar due to a strong dollar in global markets and foreign fund outflows. In intraday trading, the rupee hit a low of 83.52. Factors contributing to the dollar's strength included a weak euro and pound, along with robust US economic data. The rupee's movement is expected to be influenced by the US dollar's strength and crude oil price fluctuations, with potential support from domestic market conditions.