2025-12-15 09:52:57 am | Source: Reuters
Indian rupee weakens to record low on US trade deal limbo, persistent outflows
The Indian rupee slipped to its record low on Monday, as an ongoing stalemate in U.S.-India trade negotiations continued to weigh on the currency alongside persistent foreign selling of local equities and bonds.
The rupee weakened to 90.5550 against the U.S. dollar, eclipsing its previous all-time low of 90.55 hit on December 12.
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