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Rupee slumps to 90-mark; falls 5.35% against dollar in 2025
The New Indian Express Chennai
|December 03, 2025
RUPEE continues to depreciate as it breach psychologically sensitive 90-mark during the day's trade before closing at 89.87 on Tuesday
With this, the rupee, which has been the worst performing Asian currency so far this year, has depreciated by over 5.35% against dollar. Since November, the Indian currency is losing its value against major international currencies.
And that's nothing good news for exporters, whether hit by the US tariffs or not, as each penny loss in the rupee is an incremental revenue for the exporters as their books are still rupee denominated.
Dit verhaal komt uit de December 03, 2025-editie van The New Indian Express Chennai.
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