India

Indian rupee hits record low of 91.28 against the US dollar as Trump’s Greenland tariffs weigh

January 21, 2026

The Indian rupee has hit a record low of 91.28 against the US dollar, reflecting heightened risk-aversion amid escalating global trade tensions, particularly related to US President Trump's actions concerning Greenland. This marks a significant decline from its previous low of 90.97, with the Reserve Bank of India yet to clarify any intervention measures.

Indian rupee hits record low of 91.28 against the US dollar as Trump’s Greenland tariffs weigh

Credit: Livemint

Key Highlights

Indian rupee hit an all-time low of 91.28 against the US dollar.
The rupee depreciated by 31 paise from the previous close.
Escalating global trade tensions are contributing to currency pressures.
The Reserve Bank of India has previously intervened in the currency market.
The rupee's previous record low was 90.97.

Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Indian rupee hits record low of 91.28 against the US dollar as Trump’s Greenland tariffs weigh

Key Highlights

Sources

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