Rupee Slides To Historic Low Against The Dollar
India-West News Desk
NEW DELHI — The 90 mark has been breached, with the rupee sliding to a historic low against the US dollar on December 3. The currency dipped past 90 in early trade, marking the weakest level India has ever seen and sending a jolt through financial markets.
The decline had been gathering momentum for weeks, but the sharpness of the drop surprised traders, media reports said.
Heavy foreign investor withdrawals, a firming US dollar, and a shifting global risk environment have steadily eroded the rupee’s footing. Pending US–India trade discussions have added another layer of uncertainty, leaving Asia’s third-largest economy increasingly vulnerable to external pressures.
Market participants said the Reserve Bank of India was widely expected to intervene after the breach, and signs of its presence were noted but stabilization remained limited, with the rupee struggling to meaningfully claw back losses.
Analysts point to a combination of weak foreign portfolio flows and global dollar strength as the primary forces dragging the currency lower. Until either foreign inflows recover or global conditions turn more supportive, they warn the rupee may continue to swing sharply.
Natarajan Sivsubramanian
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I AM THE FIRST TP COMMENT ON THIS REPORT
BJ P IS PROXIMATELY TO BEBLAMED FOR THIS SITUATION DUE TO THEIR FAULTY AND WRONG FOREIGN POLICIES
INCLUDING ITS ADAMANCY IN CONTINUING THEIR IMPORT OFRUSSIAN OILS TO NDIA AFTER GIVING PROMISE TO STOP
IMPORTS WHICHAFFECTED THE THE POSSIBILITY OF SIGNING A FAVORABE TARIFF AGREEMENT WITH U S
AND DUE TOTHE RELEASE OFLIBERALISED REMITTANCE OF DOLLARS BY RESIDENT INDIANS TOFOREIGN COUNTRIES
AND BANKS, FOR EDUCATION, BUYING PROPERTIES AND OPERATE FOREIGN BANK ACCOUNTS WITHOUT REPORTING
THE FOEIGN BANK BALANCE IN THEIR TAX RETURNS BEING SUBMITTED TO INDIAN TAX AUTHORITIES
WHAT IS THE NEED FOR FINANCE MINISTRY AND RBI TO RELEASE A MAXIMUM AMOUNTN OF $ 250,000 PER YEAR PER PERSON
INDIAN FOREIGN EXCHANGE WILL DIMINISH QUICKLY CAUSING ACUTE SHORTAGE OF DOLLARS IN INDIA
DURING CONGRESS RULE THERE WAS FOREIGN TRAVEL SCHEME (FTS) UNDER WHICH ONE TRAVLLER CAN AVAIL DOLLAR
FIVE HUNDRED AND NEIGHBORHOOD TRAVEL SCHEME (NTS) UNDER WHICHONE TRAVELLER CAN AVAIL DOLLAR 250
PER PERSON PER ONCE IN THREE YEARS. THIS IS THE BEST SYSTEM FOR PRESERVING FOREIGN CURRENCY
BJP WILL MAKE RUPEE 100 TO ONE DOLLAR AND THEN GET AWAY FROMGOVT
ALL POLITICIANS ARE HAVING SUCH AMOUNT OF DOLLARS I N TAX HEAVEN SWISS BANKS PANAMA CANAL ST KITTS ISLAND
AND OTHER PLACES THEIR CHILDREN WILL ENJOY INCREASED RUPEES AFTER CONVERSION
LOOTING IS GOING ON INDIA
MR RAGHURAM RAJAN IS CRITICISING THEWAY BJ P RUNNING THE SHOW IN INDIA
WHEN B J P IS THROWN OUT OF POWER THE INCOME GOVT WILL INVESTIGATE AND FIND OUT
WHAT B J P LOOTED AND WHAT GOVT OFFICIALS LOOTED DURING THE TENURE OF B J P GOVT
DONT KNOW WHERE THE COUNTRY IS HEADING FOR
December 3, 2025