Right now, the US dollar index has slipped below 100, signalling its weakness. Still, the rupee has continued to fall against the dollar

USD to INR today: The Indian rupee has reportedly already been named as one of the worst forex performers for 2025.

The Indian rupee hits a new historic low of 90.51 after opening at 90.41. Here are the key factors driving the rupee down.

INR vs USD: Driven by US tariffs and FPI outflows, the Indian Rupee dropped to an all-time low on Thursday

The slide comes as banks kept buying US dollars at higher levels and FII outflows continued amid a rush by companies to hedge against further weakness in the currency.

The Indian rupee is almost in free fall mode plunging to historic lows. The currency breached the 90 mark against Dollar on Wednesday morning, extending its depreciation run in the past few days. So far this year, the currency has depreciated by over 5% on a cumulative basis.

The currency fell for the fifth straight day on steep demand from importers and foreign portfolio investors, shedding 42 paise to close at a record low of 89.87 against the dollar.

The Indian rupee fell past 90 per US dollar to a record low on Wednesday, declining for the sixth consecutive session as traders bet subdued trade and

By Nimesh Vora MUMBAI, Dec 2 (Reuters) - Hedging against the Indian rupee's weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations that the central bank may allow more exchange-rate adjustment.

The announcement by the RBI Governor of OMO purchases and dollar-rupee swap has come at a time when the Indian Rupee is hovering at its lowest mark.The Indian currency recently touched its lowest-ever record of Rs 90 per dollar this week.

Despite the dollar index dropping and the currency losing space in central bank vaults, the dollar remains the undisputed champion of global currencies.