Rupee sinks to new low, marking steepest fall since May

The Indian rupee slumped to a record low of ₹89.64 per US dollar on November 21, 2025, marking its steepest single-day decline since May. The sharp fall reflects mounting pressure on the currency amid foreign fund outflows, a strong US dollar, and concerns surrounding India’s widening trade deficit. According to the latest data, the rupee slipped 1.08% on a weekly basis, falling from ₹88.68 on November 14. On a monthly scale, it weakened by 2.01% from ₹87.87 recorded on October 21, while the quarterly loss stood at 2.69%, compared to ₹87.29 on August 21. Year-on-year, the rupee has depreciated 6.10%, down from ₹84.49 on November 21, 2024. Over the past year, the rupee’s year-high was recorded at ₹84.26 on November 25, 2024, while the current level of ₹89.64 marks its year-low. The breach of this psychological barrier has raised concerns among traders and policymakers, with analysts noting that the Reserve Bank of India has shown limited intervention so far.Disclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.