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Markets / The Economic Times

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Rupee's losing run persists on trade stalemate, portfolio outflows

The Indian rupee hit a fresh record low against the dollar, nearing 90.79, amid stalled US trade talks and significant foreign investor outflows. Despite positive export data narrowing the trade deficit, the currency faces pressure. The Reserve Bank of India likely intervened to slow the decline, with traders anticipating continued gradual depreciation until a trade deal is reached.

15 Dec 2025 4:15 pm