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
The rupee depreciated 32 paise to an all-time low of 89.85 against the US dollar in early trade on Tuesday, weighed down by the broad strength of the American currency in overseas markets and persistent foreign fund outflows. Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee. Moreover, elevated crude oil prices further dented investor sentiments. At the interbank foreign exchange, the rupee opened at 89.70 against the US dollar before dropping to record low level of 89.85 , down 32 paise from its previous close. On Monday, the rupee after sinking to 89.79 in intraday trade, settled at 89.53 against the US dollar. "The RBI has been selling dollars in the market, but it has also bought dollars when Indian Rupee rose thus keeping the demand intact," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Bhansali further noted that, the fundamentals of the Indian economy l
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 rupee depreciated by 34 paise to an all-time low of 89.79 (provisional) against the US dollar in intraday trade on Monday, tracking a negative trend in domestic equities and persistent foreign fund outflows. Forex traders said a strong greenback and a rise in international crude oil prices also weighed down the Indian currency. Moreover, significant dollar demand by importers exerted persistent downward pressure on the local currency. At the interbank foreign exchange market, the rupee opened at 89.45, then lost its ground and fell to a record low of 89.79 (provisional) against the US dollar in intraday trade, registering a fall of 34 paise over its previous close. On Friday, the rupee dropped nine paise to settle at 89.45 against the US dollar. On November 21, the rupee plunged 98 paise to close at its lifetime low of 89.66 against the US dollar. "The rupee has been under pressure as there has been heavy buying by FPIs taking out money, outflows happening as stakes were sold
India's economy grew 8.2 per cent year-on-year in July-September, accelerating from the 7.8 per cent growth reported in the previous quarter, data on Friday showed
If movements in the exchange rate can help equilibrate "external balances", monetary and fiscal policy is freed up to focus on trying to achieve "internal balance"
The currency plunged to a record low on Friday after the central bank unexpectedly stepped back from defending it as firmly as before
On Monday, the rupee advanced amid reports that the RBI resumed efforts to support currency via overseas and onshore markets
India’s rupee has fallen to a new low against the US dollar, raising concerns across markets. But analysts say not everyone loses.
The central bank likely sold dollars on the order-matching platform and in the non-deliverable forward market, helping lift sentiment
Rupee sees sharp fall: The domestic currency fell as much as 83 paise to 89.54 on Friday, according to Bloomberg
The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks
Indian Rupee today: The domestic currency opened four paise lower at 88.63 against the greenback on Thursday
Indian Rupee today: The domestic currency closed two paise higher at 88.59 against the greenback on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 4 paise higher at 88.57 against the greenback and rose to 88.53 in opening deals
Indian Rupee today: The domestic currency closed 3 paise higher at 88.61 against the greenback on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 2 paise lower at 88.66 against the greenback on Tuesday
Indian Rupee today: The domestic currency closed 10 paise higher at 88.64 against the greenback on Monday
The RBI on Friday announced a package of relief measures to help exporters cope with the pressure from US tariffs, including extending the export realisation window to 15 months from nine
Indian Rupee today: The domestic currency opened 3 paise higher at 88.71 against the greenback on Monday