Record low! Rupee falls by 23 paise against US dollar; reaches 91.01

The rupee on Tuesday depreciated to another record low, by 23 paise against the US dollar, reaching 91.01 (provisional) . This decline was attributed to continuous foreign fund outflows, stalled India-US trade negotiations, and sustained US dollar purchases.The domestic currency initially dropped 36 paise to touch 91.14, its lowest point ever, before recovering slightly. Despite […]

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Rs 90 to a dollar: What’s driving the fall and why it matters to you – explained

The rupee’s fall past 90 is more than a number-it’s a marker of a new phase in India’s economic story. (AI image) Driving the newsOn Wednesday, the Indian rupee broke a historic barrier, falling below Rs 90 to the US dollar for the first time. Though the drop from Tuesday’s 89.94 may seem minor, the […]

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