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India Rupee hits record low of 90 against US Dollar

December 04, 2025

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The Island

Amid the delays of a trade deal between India and the United States, the Indian rupee continues to weaken and reached a record low of 90 per US Dollar (US$) on Wednesday, December 3.

- BY S VENKAT NARAYAN

On Wednesday morning, the rupee weakened to a low of 90.13 for one US Dollar, hitting below its previous all-time low of 89.9475 on Tuesday. As of 8:04 AM UTC, the Indian rupee stands at 90.26 against one dollar.

The Indian rupee has already been named as one of the worst forex performers for 2025, reported AFP news agency.

What has led to the massive fall?

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