USD to INR Today, Dec 3: Rupee Hits Record Low as Pressure Mounts on RBI
Today, the exchange rate of USD to INR crossed a major milestone as the Indian rupee weakened beyond ₹90 per U.S. dollar. Early in the session, the pair hit a fresh low of around ₹90.14 before settling near ₹90.00. The slide reflects mounting stress on India’s external finances. Weak trade flows, sizable foreign capital outflows,…