LIVE: Indian Rupee Hits Record Low, Slips Past 91-mark Against US Dollar |Vantage with Palki Sharma

The Indian rupee continues to slide, extending its decline for a fourth straight day and slipping to a historic low. During the session, the currency briefly fell below the 91 mark against the U.S. Dollar. One USD was valued at 91.14 INR. Although the rupee hovered near this level for most of the day, it managed a marginal recovery by close, settling at 90.92 to the dollar. The Indian rupee's slide reflects mounting pressure from rising dollar demand, foreign investor outflows, and trade-related uncertainties. Importers are hedging aggressively, while weak export prospects and global risk aversion have further strained the currency. For now, solid economic fundamentals offer some reassurance, but a prolonged fall could raise import costs and impact households and businesses alike. Imported goods will become more expensive, from fuel and smartphones to laptops and foreign education. A weaker rupee makes almost everything costlier. Will the Reserve Bank of India step in and take decisive action? Palki Sharma tells you more. --- Indian Rupee | INR vs USD | US Dollar | Firstpost | World News | News Live | Vantage | Palki Sharma | News #indianrupee #inr #usd #firstpost #vantageonfirstpost #palkisharma #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Website: https://www.firstpost.com Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on X:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...