Indian rupee hits record low amid trade tensions
The Indian rupee closed at 90.4150 per US dollar, hitting a record low of 90.55 amid ongoing trade tensions. The currency has lost over 5% against the dollar this year, making it Asia's worst performer.
after close1 source ↓written by the desknot a recommendation
- rupee closed
- 90.4150 per US dollar
- record low
- 90.55
The Indian rupee closed at 90.4150 per US dollar, having touched a record low of 90.55. This decline makes it Asia’s worst-performing currency this year, primarily due to tough US trade policies and global economic pressures. Investor anxiety is heightened as tariffs on Indian exports and stalled trade talks add to the uncertainty.
Not investment advice. For informational purposes only.