Rupee Cracks

Rupee Cracks 92 Barrier vs USD, to All-Time Low Amid Outflows and Importer Anxiety

The Indian rupee has plunged to a historic low, breaching the 92 per US dollar mark, as persistent foreign capital outflows and heightened importer demand for dollars weighed heavily on the currency. This marks the weakest level ever recorded for the rupee, sparking concerns across financial markets, businesses, and policy circles. Background of the Currency…

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rupee

Rupee slides to a new low of 90.37 against US dollar amid RBI intervention

The Indian rupee plunged to a fresh all‑time low of 90.37 per US dollar, extending its persistent downward slide despite visible intervention by the Reserve Bank of India (RBI). The currency’s sharp depreciation reflects a combination of strong dollar demand, foreign capital outflows, and global economic pressures, making it one of the weakest‑performing Asian currencies…

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