Rupee

The domestic currency touched a fresh low of 90.41 against the dollar on Thursday but gained back its intraday losses to close at 89.98

A sliding rupee could make both fertiliser imports and domestic production costlier, pushing the subsidy bill higher as urea and DAP prices remain fixed for farmers

The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe

RBI is intervening mainly to smooth volatility rather than defend specific levels as the rupee hits fresh lows amid outflows and trade-deal uncertainty, with its forward position limiting room to act

US President Donald Trump's punitive 50 per cent tariff on Indian goods has soured sentiment among foreign investors, who have sold around $17 billion of Indian equities so far this year

Uncertainty over US trade deal, FPI outflows, limited RBI intervention pushes rupee drop 5% vs $ in 2025

Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years

In a situation where the balance of payments has turned negative, the currency would be expected to depreciate and act as a stabiliser

The Indian rupee hit a historic low, crossing 90 per US dollar in early trade. Here’s what’s behind the slide: weaker capital inflows, strong importer demand for dollars, rising hedging, and shifting

Chief Economic Advisor V Anantha Nageswaran expressed hope that the currency will recover next year

Indian Rupee touched a new record low of 89.97 against the US dollar on December 1, 2025, amid delays in the India-US trade agreement, and limited RBI intervention

India's foreign exchange reserves continue to fall as the RBI steps up its defence of the rupee to prevent it from breaching the 90-per-dollar mark

The govt's weekly bond auction saw strong demand with yields aligning to expectations, while the rupee recorded its weakest month since July amid dollar demand and cautious market sentiment

The currency plunged to a record low on Friday after the central bank unexpectedly stepped back from defending it as firmly as before

Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US

The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength

The Congress on Monday took a jibe at Prime Minister Narendra Modi over the rupee's "free fall" in relation to the dollar and recalled his 2013 remarks as then Gujarat chief minister in which he had mocked the UPA dispensation. The rupee opened at 89.46 against the US dollar before rising to 89.17, up 49 paise from its previous close. The rupee had plunged 98 paise to close at its lifetime low of 89.66 against the US dollar on Friday, due to a huge demand for the greenback in the domestic forex market amid widespread selling pressure in local and global equities and trade-related uncertainties. Taking a swipe at the government, Congress general secretary in-charge communications Jairam Ramesh said on X, "The rupee continues its free fall in relation to the dollar. It is now about to breach the 90 rupees to the USD low." Does the PM recall what he himself had said in July 2013, the Congress leader asked and shared the video from the time. Look at how fast rupee is falling. Sometime

RBI's absence in the market may be behind the sharp fall

Rupee sees sharp fall: The domestic currency fell as much as 83 paise to 89.54 on Friday, according to Bloomberg

Indian Rupee today: The domestic currency opened four paise lower at 88.63 against the greenback on Thursday