The Indian Rupee (INR) continued its downward trajectory against the US Dollar (USD) on Thursday, marking the seventh consecutive trading day of losses. The USD/INR currency pair reached a new all-time high of approximately 90.70 at the opening, reflecting heightened investor concern over the persistent outflow of foreign funds from India's equity markets.
This sustained capital flight has put significant pressure on the INR, leading market participants to reassess their positions. As the exchange rate escalates, implications for inflation and import costs loom large, potentially influencing monetary policy decisions by the Reserve Bank of India. Traders are closely monitoring these developments as the rupee's weakness could further affect broader economic stability in the region.
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Data Source: FX Killer Analysis Team Updated: 2025-12-04 07:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.