US Dollar Index News

Robert Kiyosaki has renewed his warning on the US dollar, urging investors to shift toward gold, silver and cryptocurrencies as BRICS currency rumours resurface. He claims a “gold-backed” BRICS unit could accelerate dollar decline and trigger hyperinflation.

The article explains how rupee depreciation past ₹90 affects daily life by raising fuel costs, inflating import prices, straining overseas expenses and increasing economic pressure on households and businesses.

INR vs USD: Driven by US tariffs and FPI outflows, the Indian Rupee dropped to an all-time low on Thursday

Rupee at record low: CEA Anantha Nageswaran predicted that the Indian rupee would improve against the US dollar next year. The CEA's views assumed significance as the domestic currency fell past 90 to the dollar on 3 December. Here's what he said.

In the current backdrop, Uday Kotak believes that foreign investors seem smarter. His remarks come as the Nifty 50 index has delivered zero returns in US dollar terms over the past year, despite showing gains in local currency.

Rupee at 90: The Indian rupee fell below 90 per US dollar for the first time, reaching a record low of 90.13. Multiple factors, including trade flow weakness and uncertainty over the India-US trade deal, are contributing to the rupee's depreciation and market pressure.

The rupee declined to a fresh low of 89.83 against the greenback, slipping past its previous record low of 89.49 hit about two weeks ago.

Gold rate today: According to experts, gold prices in India rose for the fourth consecutive month due to rising expectations of a 25-basis-point US Fed rate cut.

The rupee touched 89.48, sliding past its previous all-time low of 88.80 hit in late September and again earlier this month. It was down 0.8% on the day.