BankingPre-market
Indian rupee hits record low against US dollar
pre-market1 source ↓written by the desknot a recommendation
- against the US
- ₹89.66
- further depreciation towards
- ₹90.40
- levels
- ₹91
The Indian rupee has fallen to an all-time low of ₹89.66 against the US dollar, prompting criticism from the Congress party. The decline is driven by strong dollar demand, portfolio outflows, and concerns over US sanctions. Analysts warn of potential further depreciation towards ₹90.40 and ₹91 levels, raising concerns for traders.
Not investment advice. For informational purposes only.