Rupee Falls to New Record Low Near ₹91 Against Dollar

The Indian rupee hit a fresh record low near ₹91 against the US dollar, pressured by capital outflows and global risk aversion.

The Editorial Team of Behind The Headlines reports the rupee weakened to lows not seen before as foreign investors continued to pull money out of Indian equities and bonds, while geopolitical concerns dampened market sentiment. Persistent capital outflows, strong demand for dollars from importers, and uncertainty over trade and global risks have all weighed on the currency’s strength. This marked another milestone in the rupee’s downward trend.

The fall undermines confidence in the Indian currency and adds pressure on policymakers. If the slide continues, it could push up import costs and inflation, especially for crude oil and essential goods. The Reserve Bank of India may face increased pressure to intervene more actively to stabilise the currency and support investor sentiment amid persistent external headwinds.

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