Indian Rupee Hits All-Time Low at 91.7 per US Dollar

Jan 22, 2026 - The Indian rupee (INR) has come under heavy pressure against the US dollar and continues to depreciate plunging to a record low. It suffered its biggest single-session fall in two months during early trade on Wednesday (January 21). In the interbank foreign exchange market, the rupee weakened by 68 paise to touch an all-time low of 91.65 per dollar. However, it later recovered slightly to close at 91.71 per dollar. A day earlier, the rupee had ended at a record low of 90.97 per dollar.

However, in the opening session on Thursday (January 22), the INR held onto its losses and recovered 15 paise. In early trade, it was trading marginally below the lifetime high of 92 at 91.50. This rebound was after US President Donald Trump softened his stance on tariff and Greenland.

INR has emerged as one of the weakest performers globally, after the Turkish lira, on the back of volatile global cues which has kept investors jittery. Foreign Institutional Investors (FIIs) are continuing to sell their stakes in the Indian equity market leading to the weakening of the Indian currency.

The INR has slumped around 5% in 2025 and is down 2% so far this month. Experts believe the currency could slide towards 92 levels in the short term and breach it.

With Media Inputs

#IndianRupee #INRvsUSD #RupeeAtRecordLow #RupeeCrash #ForexMarket #USDDollar #IndianEconomy #FIIOutflow #GlobalMarkets #CurrencyMarket #BusinessNews #FinancialNews #UdaipurNews #RajasthanNews #UdaipurBusiness