Rupee weakens further as policy and trade pressures intensify

India’s rupee slipped to a new record low of 89.48 against the US dollar as ongoing US sanctions and delays in trade negotiations weighed on investor sentiment. The currency has fallen 4.6% this year, reflecting concerns around geopolitical exposure, import costs, and evolving global risk conditions. Market participants are now watching upcoming policy signals and trade developments to assess near-term stability and potential corrective measures.