Currency slips 28 paise amid sustained foreign outflows, weak market sentiment and import-led dollar demand.

xThe Indian rupee tumbled 28 paise to hit a record low of ₹90.43 against the US dollar in early trade on Thursday, amid heavy foreign capital outflows and muted intervention from the Reserve Bank of India (RBI).

Foreign institutional investors have reportedly been exiting equities, while strong demand for dollars from importers — in the absence of robust RBI intervention — added to downward pressure.

Analysts attributed the slide to a combination of weak capital flows, uncertainty over a pending India–US trade deal, and high import demand for crude oil and other essentials, which has widened India’s trade deficit.

The decline comes on the heels of the rupee breaching the psychol

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