#VantageOnFirstpost: Indian Rupee Near Record Low: What Explains The Rupee's Slide The Indian rupee is sliding again — now hovering close to ₹89 per U.S. dollar, despite India being the world’s fastest-growing major economy. In May, it became Asia’s worst-performing currency, and since then the pressure has only mounted. What’s driving the fall? Short-term factors include Trump’s tariffs, foreign investor exits, and surging gold imports. But deeper structural challenges are also at play: shrinki