India, April 10 -- The rupee depreciated 9 paise to close at 92.63 (provisional) against the US dollar on Thursday, as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz.

Forex traders said geopolitical uncertainty was still high amid Iran's threat to step out of the talks if Israel kept bombing Lebanon, and markets are in a wait-and-watch mode rather than strong directional positioning.

At the interbank foreign exchange market, the rupee opened at 92.63 against the US dollar, then lost ground to touch an intraday low of 92.92 against the greenback. It also hit the day's high of 92.53 during the session.At the end of the trading session on Thursday, the rupee was quoted at 92.63 aga...