The Indian rupee on Thursday fell to an all-time low of 90.4 against the United States dollar amid the continued outflow of foreign capital from the equity market, Reuters reported. As of 12.30 pm, it had recovered marginally to 90.1.

The Indian currency has come under pressure because of punitive tariffs by the United States and uncertainty about a trade deal between New Delhi and Washington.

The rupee had breached the 90-mark on Wednesday.

It has fallen about 5% in 2025, putting it on track to record the sharpest decline in a year since 2022, Reuters reported. This makes the rupee the worst-performing Asian currency this year.

On Thursday, Congress chief Mallikarjun Kharge alleged that the rupee was weakening because of the policies of the Prime Minister Narendra Modi

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