The Indian rupee hit a new lifetime low against the dollar on Friday, weakening to 89.45. This decline was driven by reduced risk appetite due to fading hopes of a Federal Reserve rate cut and ongoing U.S.-India trade tensions. Foreign investors have also pulled $16.5 billion from Indian equities this year.
Rupee weakens to record low of 89.45 on US-India trade limbo, Fed rate outlook
📅 Published: November 21, 2025 |
📂 Category: Uncategorized