Indian Rupee hits new record low 90.56 vs Dollar; 5 reasons for the drop.

Business
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Moneycontrol•12-12-2025, 11:11
Indian Rupee hits new record low 90.56 vs Dollar; 5 reasons for the drop.
- •Indian Rupee hit a new all-time low of 90.56 against the US Dollar on December 12.
- •Uncertainty over the India-US trade deal and continuous selling by foreign investors contributed to the rupee's decline.
- •Increased dollar demand from importers and mixed global cues also put pressure on the currency.
- •The Reserve Bank of India intervened in the market to prevent further sharp fluctuations in the rupee.
Why It Matters: The Indian Rupee's record low against the US Dollar signals economic challenges.
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