Rupee Falls Past ₹90 Against US Dollar
The Indian rupee weakened sharply on December 3, 2025, sliding past the ₹90 mark against the US dollar — a new lifetime low — amid heavy foreign capital outflows and stalled trade talks between India and the United States.
What Happened
The rupee opened the day at approximately ₹89.96 per dollar and soon dropped to around ₹90.13. This marks the first time in history that the currency has breached the psychologically significant ₹90 threshold.
Why It Fell
Analysts attribute the fall to persistent equity outflows, uncertainty over India–US trade negotiations, and increased demand for US dollars from importers. Despite India’s robust economic growth, these external pressures have weighed heavily on the rupee’s value.
What It Means
The depreciation will raise the cost of imports, pushing up inflation and increasing expenses for businesses reliant on foreign inputs. Imports such as crude oil, electronics, and raw materials may become more expensive. On the other hand, exporters may benefit from a weaker rupee, as their foreign currency earnings translate into higher rupee value.
Outlook
With global headwinds and trade tensions, the rupee could remain under pressure. Unless foreign inflows revive or there’s a breakthrough in trade discussions, the currency may continue to test new lows, affecting import costs, inflation, and overall economic stability.
