Rupee Hits Record Low Against Dollar: What Gets Cheaper, What Gets Pricier?

• The Indian Rupee touched a record low of 92 against the US dollar on January 23, weakening over 2% this month and 5% in 2025.
• Reasons for depreciation include continuous foreign investor fund outflow and a strengthening US dollar.
• A weaker rupee makes imports like crude oil, electronics, and foreign travel more expensive, potentially increasing inflation.
• Students studying abroad will face higher fees, and foreign travel costs will rise due to increased dollar prices.
• Exporters and NRIs benefit from a weaker rupee, as they receive more rupees for dollars, though import-dependent exporters see limited gains.

Why It Matters: The rupee's record low makes imports pricier, impacting daily expenses and foreign travel, while benefiting exporters and NRIs.