Rupee Falls to Record Low of 89.41: Here’s Why
India’s currency markets witnessed a historic moment as the Indian Rupee (INR) plunged to a record low of 89.41 against the US Dollar on November 21, 2025. This marks the sharpest single-day fall since May earlier this year, with the rupee weakening by nearly 70 paise (0.79%). The fall has raised concerns about capital outflows,…