USD vs INR, Dec. 16 -- The Indin rupee plunged past the 91 per US dollar mark for the first time on Tuesday, pressured by sustained foreign portfolio outflows amid a deadlock in trade negotiations between the US and India.
The rupee fell 36 paise to breach the 91-mark. In the last 10 sessions alone, rupee has weakened from 90 to 91 per US dollar mark, with the domestic unit losing 1% against the US dollar in just five sessions alone.
The currency touched a low of 91.0750, hitting a record low for the fourth consecutive session. Meanwhile, in 2025 so far, Indian rupee has fallen more than 6% against the dollar so far in 2025, making it one of the worst-performing emerging market currencies.
While the likely maturity of positions in the ...
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