# Indian rupee slides to all-time low, US visa fee hike compounds pressure

> The Indian rupee fell to a record low of 88.62 per US dollar on September 23, surpassing the previous record set about two weeks earlier. The slide followed a sharp US increase in H-1B visa fees, which could slow the deployment of Indian IT workers. Pressure also came from 50% US tariffs on Indian goods.

- Date: 2025-10-01 · published 2025-10-01T12:00:00.000Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/23166-indian-rupee-slides-to-all-time-low-us-visa-fee-hike-compounds-pressure
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the cost of imported feed ingredients and other dollar-priced inputs for Indian buyers. Expected hits to IT services earnings, remittances and exports could keep the currency under pressure.

## Read by commodity

- USDINR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/india/indian-rupee-slides-all-time-low-us-visa-hike-subdued-foreign-flows-2025-09-23/

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