Brief by Shorts91 Newsdesk / 07:03pm on 03 Dec 2025,Wednesday India
The Indian rupee crashed past the 90-mark against the US dollar for the first time, hitting 90.14 amid strong dollar strength, heavy foreign portfolio investor (FPI) outflows, and stalled India–US trade talks. Limited RBI intervention has allowed the currency to slide, with analysts warning it could touch 91 if support eases. The fall impacts everyday life: imported goods like crude oil and edible oils become costlier, raising inflation; foreign travel and overseas education expenses rise; and EMIs may increase with higher policy rates. The RBI’s upcoming Monetary Policy Committee decision on December 5 and the US Fed’s rate move on December 10 will be crucial for stability. (PC: Reuters)
