Rupee Eases Mildly Past 90.55: Hits New Low on Gentle Dollar Pressure

At 9:18 AM IST on December 15, 2025, the Rupee tumbled past the psychologically critical 90.55 mark versus the USD, marking a fresh record low. This extends a multi-week slide, with the pair opening down 0.1% at 90.5450 from the prior close of 90.4150, amid thin pre-open liquidity.

Key Highlights

Historic Breach: Rupee weakens beyond 90.55, fueled by sustained USD demand from importers and foreign investor pullbacks amid geopolitical tensions.

Opening Dynamics: Traded at 90.5450 per USD, signaling further downside risk if 90.60 resistance fails early.

Broader Pressures: Aligns with Nifty's 0.45% pre-open dip, RBI's ample ₹7.26 trillion bank liquidity offering limited intervention cushion.

Global Backdrop: Strong US yields and Asian currency weakness amplify volatility, with exporters gaining edge but inflation risks rising.

Market Outlook

RBI may step in via dollar sales if momentum persists, but sustained levels above 90.50 could spur rate hike speculation. Traders eye 90.70 as next support.

Sources: Reuters, Reserve Bank of India (RBI)