Rupee plunges past 91-mark to record low; experts predict further decline

• Rupee breached the 91-mark against the US dollar for the first time, hitting a record low of 91.08.
• The currency has declined over 1% in the last 5 sessions and approximately 6% this year, making it the worst-performing Asian currency in 2025.
• Key factors contributing to the depreciation include high US tariffs, India's rising current account deficit, capital outflow, and continuous FII selling.
• Experts predict further decline, potentially reaching 92, citing the delayed US-India trade deal and ongoing FII outflows.
• The RBI is currently allowing the Rupee to depreciate, linking this policy to low inflation and a positive trade deficit.

Why It Matters: Rupee's historic low against the dollar signals economic instability.