The Indian Rupee reached an all-time low against the US Dollar on Friday. It crossed the significant 89 per dollar mark for the first time. Traders cited a lack of Reserve Bank of India intervention and a high trade deficit as key reasons. The currency experienced a sudden and sharp fall in the last hour of trading.
Rupee weakens past the 89/$1 level for the first time as RBI stops intervening
📅 Published: November 21, 2025 |
📂 Category: Uncategorized