The fall is largely due to weak foreign capital flowsIndian rupee hits record low of 91.99 against US dollarBy Mudit Dube 09:32 am Jan 29, 202609:32 amWhat's the storyThe Indian rupee has hit a new low, falling to 91.99 against the US dollar on Thursday. The fall is largely due to weak foreign capital flows and corporate hedging activities. Despite a strong domestic economy, these external factors have pushed the currency down nearly 5% since President Donald Trump imposed heavy tariffs on India's merchandise exports to the US.