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Rupee Vs Dollar: Indian currency i.e. Rupee is under pressure at this time. Now the eyes of investors are fixed on the decision of Fed and RBI. In fact, the decisions of RBI and Fed in the coming days will decide the direction of this decline.
03 December, 2025
Rupee Vs Dollar: The Indian rupee crossed the level of 90 for the first time on Wednesday morning, due to which the market became volatile. In early trade, the rupee fell by 6 paise to reach 90.02. This decline was seen especially due to banks buying dollars at higher prices and continuous outflow of FIIs (Foreign Institutional Investors). According to Forex traders, the dollar index was weak and global crude oil prices were also low, which should have provided relief. However, aggressive dollar buying by banks and selling by foreign investors did not allow the rupee to take support.
What happened in trading?
In the interbank forex market, the rupee opened at 89.96 and immediately fell to 90.15, its lowest level ever. However, later it calmed down a bit and started trading at 90.02. Even on Tuesday, the rupee had closed at 89.96, which was the all-time low at that time. According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the government and RBI are adopting the strategy of keeping the rupee slightly weak to help exporters.
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persistently high levels
India-US trade talks are stalled and heavy FPI outflows continue. Due to all these reasons the rupee started weakening, while the dollar index itself was down. Anil Kumar Bhansali also said that if RBI reduces support at the level of 90, then the rupee can go up to 91 in this cycle. In such a situation, the meeting of the Monetary Policy Committee (MPC) of RBI is starting from Wednesday. Apart from this, the decision on interest rates will come on December 5. If RBI cuts rates, experts believe that further pressure on the rupee may increase. On the other hand, the US Fed’s decision will come on December 10, which will also impact the movement of the rupee.
market situation
Now talking about the stock market, on Wednesday morning the Sensex fell by 165.35 points and reached 84,972.92. Nifty fell 77.85 points to 25,954.35. Brent crude was trading with a slight fall at $ 62.43 per barrel. Let us tell you that FIIs had sold shares worth Rs 3,642.30 crore on Tuesday.
Also read: India’s record jump: 8.2% growth in GDP in the second quarter, economy brightened due to GST cut.
