Rupee Hits Record Low of 91.64 Against Dollar Amid Global Uncertainty

• The Indian Rupee plunged 67 paise to close at an all-time low of 91.64 against the US dollar on Wednesday.
• Persistent foreign fund outflow and heightened geopolitical uncertainty, including the Greenland issue, are pressuring the rupee.
• The rupee's previous record low was 91.14 on December 16, 2025, and it has fallen 1.50% this month.
• Geopolitical tensions, such as the Greenland dispute straining US-Europe relations and Venezuela's oil reserves, are creating global trade ripple effects.
• Despite central bank interventions, the rupee remains vulnerable to external shocks, though strong forex reserves could help manage the situation.

Why It Matters: The rupee hit a new record low due to foreign fund outflows and escalating global geopolitical tensions.