Rupee slips to record low: What it means for you
The Indian rupee recently fell to a historic low of around 90.29 against the US dollar—a 5.4% slide since the start of the fiscal year.
This dip is mainly because global investors are pulling out money, US tariffs and interest rates are up, and India's trade deficit plus high oil prices aren't helping.
Everyday costs are going up
A weaker rupee means imports like fuel, electronics, and even cooking oil get pricier—so daily expenses could rise for everyone.
Students studying abroad might feel it too; a ₹5 drop in the rupee can add about ₹1 lakh to a $20,000 semester fee.
Businesses that depend on imported materials are also seeing their costs climb.
Some sectors actually win here
On the bright side, exporters—especially IT companies like TCS and Infosys—are cashing in since their earnings in dollars now convert to more rupees.
This boost helps them stay competitive and handle rising costs elsewhere, like higher visa fees for working in the US.