The Indian rupee just hit a new all-time low against the greenback, breaking through the 90 mark. That's 90 rupees for a single US dollar now—quite a milestone, and not the good kind.

This kind of currency weakness usually signals broader economic pressures. For those watching global markets, sharp fiat devaluations like this often coincide with increased interest in alternative assets. When traditional currencies stumble, people start looking elsewhere to preserve value. Worth keeping an eye on how emerging market volatility ripples through risk assets in general.