New Delhi, Dec. 16 -- For the first time in history, the Indian Rupee on Tuesday breached the 91-per-dollar threshold.
The fall in the rupee was pressured by increased hedging activity and portfolio outflows, which is coming amid issues in the trade negotiations between the US and India.
Indian Rupee fell 0.3 per cent to 91.0750, hitting a record low for a fourth consecutive session.
Notably, in 2025, the Indian rupee has fallen by over 6 per cent against the US dollar.
The fall in the rupee was driven by a persistent imbalance in dollar flows. Further, the importer hedging has intensified, and foreign investors have remained cautious on Indian equities, keeping the currency under constant strain.
On the other hand, most Asian currenci...