Business

The rupee is Asia's worst performing currency in 2025, declining 6% against the US dollar, as 50% US tariffs weighed on India in absence of a trade deal.

The rupee is Asia's worst performing currency in 2025, declining 6% against the US dollar, as 50% US tariffs weighed on India in absence of a trade deal.

A sliding rupee vs dollar benefits technology, pharmaceutical and metal stocks, but hurts banks, energy/power and infrastructure companies, analysts say.

The rupee weakened to 90.72 against the US dollar after opening at 90.53, underscoring persistent FII outfows amid the lack of an India-US trade deal.

The rupee weakened to 90.5175 against the U.S. dollar, slipping past its previous all-time low of 90.4675 hit on December 11.