The Indian rupee hit a record low against the dollar on Thursday, ‍pressured by dollar ‍demand linked to the maturity of non-deliverable forward positions and corporate hedging, ​while the central bank likely intervened to hold it above the psychologically significant 92 level. The rupee ⁠ended the session at 91.9550 per dollar, down 0.2% from its previous close. The central bank intervened on Thursday as well to cap the rupee's fall, traders said. The rupee's weakness also stands in contrast with India's strong economic growth numbers. ⁠DBS Bank India expects the rupee to fall to 93-94 this year as capital inflows ⁠dwindle.