On the downside, gold prices, WGC said, can slip 5 per cent to 20 per cent in CY26. For that to happen, Donald Trump's policies need to succeed, resulting in stronger-than-expected growth.
The rupee hit 90.41 per dollar intraday on Thursday before recovering to close at 89.98, as foreign banks sold dollars and RBI intervention stayed limited amid outflows and trade-deal uncertainty
Domestic equities fell for a fourth straight session as the rupee slipped past 90 per US dollar, raising fears of FPI outflows, while a delayed US trade deal also weighed on sentiment
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
Dollar outflows from FPIs, trade deficit probably widening with export growth slowing down, and the trade deal with US is still not on the table are the three main reasons why the rupee is falling
On Tuesday, the rupee had already touched 89.9475 before ending the day at 89.87 - a decline of nearly 0.4 per cent
Hits new closing low of 89.88/$; Hits 89.96/$ intraday
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
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 rupee has fallen to a new low against the US dollar, raising concerns across markets. But analysts say not everyone loses.
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
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 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