New Delhi, April 30 -- The Indian rupee declined by 32 paise to an all-time low of 95.20 against the US dollar on Thursday, April 30, influenced by hawkish signals from certain Federal Reserve officials that strengthened the dollar and U.S. bond yields, further increasing pressure from the continuous rise in oil prices.

The currency is set to experience its third consecutive weekly drop, having erased nearly all gains achieved earlier in the month after the central bank implemented rare measures to reduce excessive speculation.

During the overnight meeting, the Fed decided to maintain policy rates, but this decision was the most contentious since 1992, with three officials expressing dissent over guidance that continued to indicate a pr...