The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
The two-day State Visit to Egypt at the invitation of President Abdel Fattah El-Sisi is also the first bilateral visit by an Indian prime minister since 1997.
Suleman Dawood, 19, was on board the vessel with Shahzada Dawood as a Father's Day bonding trip when their small submarine is believed to have imploded, killing all five on board, including British billionaire-explorer Hamish Hamilton.