EXPLAINED | Why The Rupee Is Crashing: 4 Big Reasons It Breached 90/USD

in the India–US trade deal, record-high bullion and metal prices, and weakening foreign investment trends.

With markets now watching the RBI’s December meeting, economists warn that unless a trade accord is sealed soon, the rupee’s slide may only accelerate. We analyse what’s behind this downturn, what the data shows, and what lies ahead for India’s currency and economy.