# Outflows, trade angst push rupee to record low past RBI's defended line | Reuters

> The Indian rupee hit an all-time low of 89.49 per dollar on November 21 after portfolio outflows and uncertainty over a US-India trade deal. The Reserve Bank of India pulled back from its defense of a key level. India's merchandise trade deficit reached a record high in October.

- Date: 2025-11-21 · published 2025-11-21T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/22233-outflows-trade-angst-push-rupee-to-record-low-past-rbi-s-defended-line-reuters
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The rupee's slide and record trade deficit raise the cost of dollar-priced imports for India, which can weigh on feed import demand and local prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/india/rupee-weakens-record-low-us-india-trade-limbo-fed-rate-outlook-2025-11-21/

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