Rupee falls to all-time low against U.S. dollar in early trade

Rupee depreciated 9 paise to an all-time low of 90.58 against U.S. dollar in early trade on Monday (December 15, 2025), weighed down by uncertainty over an India-U.S. trade deal and persistent foreign fund outflows.

Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-U.S. trade deal front.

At the interbank foreign exchange market, the rupee opened at 90.53 against the U.S. dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.

On Friday (December 12, 2025), the rupee had slipped 17 paise to close at an all-time low of 90.49 against the U.S. dollar.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.05% lower at 98.35.

Brent crude, the global oil benchmark, was trading higher by 0.52% at $61.44 per barrel in futures trade.

On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the 50-share benchmark index Nifty was down 121.40 points at 25,925.55.

Foreign Institutional Investors (FIIs) sold equities worth ₹1,114.22 crore on Friday (December 12, 2025), according to exchange data.

“Foreign Portfolio Investments (FPIs) continue to be in selling mode in equity and debt while Reserve Bank of India (RBI) has been selling dollars to fund their long positions,” said Anil Kumar Bhansali, head of treasury and executive director of Finrex Treasury Advisors LLP.