LIVE: Indian Rupee Breaches 91-Mark Against US Dollar In a Historic First | Firstpost Spotlight|N18G
The Indian rupee slipped past the 91-per-dollar mark on Tuesday for the first time, extending a steady decline that has unfolded over the past ten trading sessions. The currency is down more than six percent this year, pressured by heavy foreign portfolio outflows, a widening import-export gap, and cautious hedging behavior by exporters and importers. Trade uncertainty with the United States and high tariffs have further weighed on sentiment. Despite the currency slide, India’s broader economy remains resilient, with strong growth and controlled inflation. The central bank is allowing some weakness, though markets remain on edge.Also on the show:
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