US EditionRupee Slumps Past 90 per US Dollar Mark for the First Time: What's Ailing the Currency?
Foreign Institutional Investors sold equities worth ₹3,642 crore as stalled India-US trade talks and importer demand drove the rupee below 90 against the US dollar.
- In early trade Wednesday, the Indian rupee breached 90 against the US dollar, slipping to 90.15 before recovering to 90.02 at the interbank foreign exchange market.
- Stalled India–US trade talks were cited as a market driver, with nationalised banks buying dollars and a deal at 90.0050 after hours, pushing the rupee to 89.9 on Tuesday.
- Market cushioning came from a softer dollar index at 99.22 and lower Brent crude, despite foreign investors selling equities on Tuesday and over $16 billion withdrawn this year.
- The Reserve Bank of India monetary policy committee meets starting Wednesday, with a December 5 rate decision ahead of the US Federal Reserve's December 10 move; analysts warned the rupee might hit 91 if RBI support eases and that a rate cut could prompt further selling.
- The rupee has fallen about 5% in 2025, making it the worst-performing Asian currency this year amid punitive United States tariffs and an all-time high merchandise trade deficit in October.
18 Articles
18 Articles
Rupee continues free fall, breaches 90-mark against dollar for the first time
Indian Rupee has weakened to breach the 90-mark against the US dollar due to persistent FII outflows and banks buying dollars..Indian Rupee Value, USD to INR Exchange Rate, Rupee Depreciation Factors, RBI Monetary Policy, FII Outflows Impact Rupee, India-US Trade Talks Impact INR, Brent Crude Oil Price Effect on Rupee, Rupee Forecast 2024, Factors Affecting Rupee Value, Impact of US Federal Reserve Rate Decision on INR, What causes the rupee to …
Uday Kotak Urges Indian Firms to Step Up as Rupee Crosses 90 and Foreign Investors Dominate Markets
Get latest articles and stories on Business at LatestLY. As the rupee weakens toward Rs 90 per dollar, Uday Kotak has urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics. Business News | Uday Kotak Urges Indian Firms to Step Up as Rupee Crosses 90 and Foreign Investors Dominate Markets.
Indian rupee sinks to record low of 90 per US dollar
The Indian rupee on Wednesday fell to an all-time low of 90.2 against the United States dollar. The Indian currency has come under pressure because of punitive tariffs by the United States and the weak inflow of capital, Reuters reported.This was coupled with uncertainty about the trade deal between India and the US.The previous record low of 89.9 was reached on Tuesday.The rupee has fallen about 5% in 2025, putting it on track to record the sha…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
