Mumbai/IBNS, Dec. 15 -- The Indian rupee slid to a record low of 90.58 against the US dollar on Monday, extending its recent losing streak, media reports said.

Analysts trace the slide back to April 2025, when US President Donald Trump announced tariffs on Indian goods, triggering concerns over exports and trade balances. The pressure intensified in December amid a widening current account deficit.

Uncertainty surrounding India-US trade negotiations, rising corporate demand for dollars, and a widening trade deficit have further accelerated the rupee's decline.

Despite intervention by the Reserve Bank of India (RBI), analysts believe the currency remains under stress.

The weakening rupee has also triggered foreign fund outflows, weighi...