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Rupee crashes to below 90 per dollar, CEA says not losing sleep
The Statesman Bhubaneswar
|December 04, 2025
The Indian rupee fell sharply on Wednesday, slipping past the crucial 90-per-dollar level for the first time ever.
The currency dropped to a new record low of 90.13 against the US dollar, breaking its previous all-time low of 89.9475 touched just a day earlier. The decline in the rupee came amid weak trade and portfolio flows, along with growing uncertainty over the India-US trade deal. These factors kept the currency under continuous pressure throughout the session.
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