Graphic of the day: Rupee tumbles

Quickest five-rupee slide since Taper Tantrum era is fuelled by FPI outflows and trade deal uncertainty

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Last Updated: Dec 04, 2025, 15:49 IST1 min
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The rupee's breach of 90/USD marks the fastest five-rupee depreciation (85 to 90) on record, second only to the Taper Tantrum era. The key drivers are FPI equity outflows and the punitive 50 percent US tariff. SBI research points out that despite the rupee depreciation, volatility remains low at 1.7 percent.
The rupee's breach of 90/USD marks the fastest five-rupee depreciation (85 to 90) on record, second only to the Taper Tantrum era. The key drivers are FPI equity outflows and the punitive 50 percent US tariff. SBI research points out that despite the rupee depreciation, volatility remains low at 1.7 percent.

First Published: Dec 04, 2025, 16:16

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