Rupee slips past 90/$: What’s driving India’s record low — and what next?

Last Updated: Dec 03 2025 | 5:27 PM IST

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 US rate expectations. A quick, screen-by-screen breakdown with the key numbers.

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