24 Nov 2025 | 5 Mins Read
Rupee hits record low, poses risks for investors
Flipitmoney
The Indian rupee hit a record low of Rs 89.49 against the dollar due to domestic demand and thin dollar supply, surprising traders amidst a calm global backdrop. Analysts predict short-term caution in equities, with midcaps and small caps more affected, and warn of rising costs and inflation. However, experts expect any correction to be "shallow" with macro stability holding.