New Delhi, Dec. 4 -- The slide in Indian Rupee driven by a complex mix of external shocks, foreign investor outflows and limited RBI intervention should not be mistaken for an inherently weak currency, said SBI Research Ecowrap report on Thursday.

The Indian rupee on Wednesday slipped past the psychologically significant 90-per-dollar level, marking one of its fastest declines in recent years.

The rupee has fallen from Rs 85 to Rs 90 per USD in under a year, far quicker than previous five-rupee intervals, which earlier took anywhere between 581 to 1,815 days. SBI in its report noted this as the second-quickest fall since the 2013 Taper Tantrum.

Since April 2, 2025, when the United States announced sweeping tariff hikes across economies...