New Delhi, Dec 16 (UNI) For the first time in history, the Indian Rupee on Tuesday breached the 91-per-dollar threshold.
The fall in the rupee was pressured by increased hedging activity and portfolio outflows, which is coming amid issues in the trade negotiations between the US and India.
Indian Rupee fell 0.3 per cent to 91.0750, hitting a record low for a fourth consecutive session.
Notably, in 2025, the Indian rupee has fallen by over 6 per cent against the US dollar.
The fall in the rupee was driven by a persistent imbalance in dollar flows. Further, the importer hedging has intensified, and foreign investors have remained cautious on Indian equities, keeping the currency under constant strain.
On the other hand, most Asian currencies have advanced over the past month, with the Thai Baht climbing over 3 per cent, the Yuan, Ringgit, and Singapore dollar appreciating by at least 1 per cent.
In 2025, foreign investors have been selling Indian stocks at a rapid pace.
FIIs have so far this year sold record shares worth Rs 1,59,779 crore, data compiled by the National Securities Depository Limited (NSDL) showed.
