USD/INR Outlook: Rupee Hits Record Low Near 90.55 — What Moved INR-USD Last Week and What to Watch Next (Dec 15–19, 2025)
The Indian rupee had a historic week against the U.S. dollar, finishing Friday at ₹90.4150 per $1 after briefly touching a fresh all‑time low of ₹90.55. That move pushed the widely watched USD/INR pair to record highs—and by definition dragged INR/USD lower (one rupee worth roughly $0.0111 at the week’s close). Reuters What made last week stand out wasn’t just the price. It was the mix of forces behind it: renewed anxiety around U.S.–India trade negotiations and tariffs, persistent portfolio outflows and corporate dollar demand, and a market increasingly convinced the Reserve Bank of India (RBI) will focus on limiting