Indian rupee sinks to record low of 90.5 per US dollar

The Indian rupee on Friday fell to an all-time low of 90.55 against the United States dollar amid uncertainty about a trade deal between New Delhi and Washington, Reuters reported.

As of 1.50 pm, it had recovered marginally to 90.37. The previous all-time low of 90.46 was hit on Thursday.

The rupee also weakened because of the continued outflow of foreign capital from the equity market.

It has fallen about 6% in 2025, Reuters reported. This makes the rupee the worst-performing Asian currency of 2025.