Archive · 30 Sep 2025
Rupee Falls to Record Low Amidst Global Trade Uncertainties
The Indian rupee hit a new low against the US dollar, closing at 88.79.
This drop of 4 paise was influenced by investors pulling money out and uncertainty in global trade.
The rupee opened at 88.73 and traded within a narrow range.
However, a fall in global crude oil prices, along with a weaker dollar, prevented a bigger drop.
The market is also waiting for the Reserve Bank of India's decision on Wednesday.
The Indian rupee reached an all-time low of 88.79 against the US dollar.
The rupee fell 4 paise on Tuesday.
The rupee opened at 88.73 and traded in the range of 88.69-88.80.
Sustained foreign capital outflows put pressure on the rupee.
The Reserve Bank of India's (RBI's) decision will be announced on Wednesday.
- Who
- Indian Rupee
- What
- Fell to an all-time low
- When
- Tuesday
- Where
- Interbank foreign exchange
- Why
- Sustained foreign capital outflows and global trade uncertainties
- Rupee Close (Tuesday)
- 88.79
- Rupee Movement
- Fell 4 paise
- Rupee Open (Tuesday)
- 88.73
- Rupee Range (Tuesday)
- 88.69-88.80
Sources
Rupee falls 7 paise to all-time closing low of 88.79 against US dollar
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