MUMBAI, Sept 1 (Reuters) - The Indian rupee fell to a record low on Monday, reflecting the cumulative impact of elevated hedging by importers and increased short positions by market participants in response to higher U.S. tariffs.

The rupee dropped to 88.33 against the U.S. dollar on Monday, breaching Friday’s all time low of 88.3075. Analysts said the move was an extension of the pressure seen late last week.

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https://www.reuters.com/world/india/indian-rupee-slides-all-time-low-surge-hedging-speculative-bets-2025-09-01/