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Indian Rupee Plummets to Record Low Amid Trade Stalemate

12/13/2025

26 5 Full Breakdown

Summary

Story summary

The Indian rupee fell to a record low of 90.55 per U.S. dollar on Dec 12, 2025, amid stalled trade talks and outflows.
The currency has declined nearly 6% this year, making it Asia's weakest major currency.
Prime Minister Narendra Modi met U.S. President Donald Trump, but talks yielded no relief from tariffs.
The Reserve Bank of India intervened to stabilize the rupee, but importers and limited dollar inflows persist.

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Story summary

The Indian rupee fell to a record low of 90.55 per U.S. dollar on Dec 12, 2025, amid stalled trade talks and outflows.
The currency has declined nearly 6% this year, making it Asia's weakest major currency.
Prime Minister Narendra Modi met U.S. President Donald Trump, but talks yielded no relief from tariffs.
The Reserve Bank of India intervened to stabilize the rupee, but importers and limited dollar inflows persist.