# Rupee cracks below 90 to the dollar, hit by tariffs, capital outflows | Reuters

> The Indian rupee fell past 90 per dollar to an all-time low of 90.29 on Wednesday, closing at 90.19. The decline extends an eight-month slide driven by weak trade and investment flows and corporate hedging. Steep US tariffs of up to 50% on Indian goods are hurting exports to the country's largest market.

- Date: 2025-12-03 · published 2025-12-03T12:00:00.000Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/21789-rupee-cracks-below-90-to-the-dollar-hit-by-tariffs-capital-outflows-reuters
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee lowers India's effective purchasing power for imported feed inputs and raises the local cost of soymeal, corn and other imports, while cheaper Indian exports may compete harder in global markets.

## Read by commodity

- USDINR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/india/rupee-cracks-below-90-dollar-hit-by-tariffs-capital-outflows-2025-12-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.