Rupee slips past the ₹90-per-dollar mark for the first time in history, signalling major pressure on imports, inflation, markets, and overall economic stability.
This historic decline reflects a combination of economic pressures — weak foreign inflows, high importer demand for dollars, and global uncertainty around interest rates and trade. Foreign Portfolio Investors (FPIs) continue to pull money out of Indian markets, putting additional pressure on the rupee.
The fall increases India’s import bill, especially for crude oil, electronics, machinery, and gold. Costlier imports may trigger inflation, affecting fuel, transport, and essential goods. Industries dependent on imported raw materials will face greater production costs.
On the other hand, some exporters may benefit from a higher dollar realization, but global slowdown and tariffs limit potential gains. With the rupee crossing a major psychological barrier, analysts warn of further depreciation unless strong capital inflows or policy support stabilise the currency.
