The Indian rupee once fell to a record low against the US dollar, as local assets experienced continued capital outflows and delays in finalizing a trade agreement with the US weighed on market sentiment. USD/INR rose 0.1% to 90.8250 on Tuesday, hitting a record high. So far this year, foreign investors have sold nearly $18 billion in Indian stocks. According to Clearing House data, they also sold $1 billion in bonds that met the criteria for inclusion in the country's index in December, which is expected to end the five-month continuous buying trend.

The Indian rupee once fell to a record low against the US dollar, as local assets experienced continued capital outflows and delays in finalizing a trade agreement with the US weighed on market sentiment. USD/INR rose 0.1% to 90.8250 on Tuesday, hitting a record high. So far this year, foreign investors have sold nearly $18 billion in Indian stocks. According to Clearing House data, they also sold $1 billion in bonds that met the criteria for inclusion in the country's index in December, which is expected to end the five-month continuous buying trend.