Indian rupee hits record low amid trade tensions
pre-market1 source ↓written by the desknot a recommendation
- rupee closed
- 90.4150 per US dollar
- record low
- 90.55
- within a year
- 93 to the dollar
The Indian rupee closed at 90.4150 per US dollar, nearing a record low of 90.55, making it Asia's worst-performing currency this year. Ongoing US trade tensions and steep tariffs on Indian exports have heightened investor anxiety. Analysts predict the rupee could weaken further, potentially reaching 93 to the dollar within a year.
Not investment advice. For informational purposes only.