Rupee Falls Below 90 for the First Time Ever – and It Hurts Mumbai, 3 December 2025

Yesterday the Indian rupee did something it has never done in 78 years of independence: it closed weaker than 90 against the US dollar. The final number on the screen was 90.23 – a drop of 32 paise in a single day, and almost 4 rupees weaker than where it stood just three months ago. […]