https://www.taxtmi.com/news?id=63347 The rupee settled at a provisional record low of 89.95 per US dollar after hitting an intraday 90.00, driven by speculative short-covering, importer dollar demand and foreign fund outflows. Market analysts flagged 90.00 as a psychological resistance with clustered buy-stops that could accelerate depreciation toward 91.00, and urged active central bank intervention below 90.00 to prevent a sustained one-way trend and heightened USD INR volatility. en-us Tue, 02 Dec 2025 16:01:03 +0530 Tue, 02 Dec 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63347 The rupee settled at a provisional record low of 89.95 per US dollar after hitting an intraday 90.00, driven by speculative short-covering, importer dollar demand and foreign fund outflows. Market analysts flagged 90.00 as a psychological resistance with clustered buy-stops that could accelerate depreciation toward 91.00, and urged active central bank intervention below 90.00 to prevent a sustained one-way trend and heightened USD INR volatility. News - Tue, 02 Dec 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=63347