Indian Rupee Falls Below ₹90/USD for the First Time Amid Trade Deal Delays

The Indian rupee falls below ₹90/USD for the first time, driven by FII outflows and trade deal uncertainties.

Live Market Updates

Latest Financial News

negative
1h ago

Indian Rupee Falls Below ₹90/USD for the First Time Amid Trade Deal Delays

Indian Rupee Falls Below ₹90/USD for the First Time Amid Trade Deal Delays
The Indian rupee dropped below the ₹90 mark against the US dollar, closing at a record ₹90.19. This decline was driven by heavy FII outflows of $3,600 crore and a rush in corporate hedging triggered by US tariff threats and ongoing trade deal delays. The currency pressure reflects growing concerns over global trade dynamics and capital flows.
Tags:
  • Indian rupee
  • USD