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Indian Rupee Drops Below ₹90 Against US Dollar, Marking Historic Low
The Indian rupee dropped below ₹90 against the US dollar, marking a historic low driven by trade tensions, policy shifts, and investor withdrawal.
On Wednesday, December 3, 2025, the Indian rupee broke a historic barrier, falling below ₹90 against the US dollar for the first time ever. This significant depreciation, driven by ongoing trade tensions, an exodus of foreign investors, and a shift in the Reserve Bank of India's (RBI) policy stance, signals a shift in India's economic outlook.