Rupee slips to record low of 91.28 as Greenland dispute stokes risk aversion

The Indian rupee hit an all-time low of 91.28 against the US dollar on Wednesday, driven by strong dollar demand and global economic jitters. Geopolitical uncertainties and a weak domestic stock market, marked by foreign capital outflow, further pressured the currency. Experts suggest the rupee could slide further unless the RBI intervenes.