Key Highlights
- Rupee hit a record low of 91.99 per US dollar during intraday trade.
- It closed at 91.88, down from the previous closing of 91.41.
- Factors contributing to the decline include foreign fund outflows and geopolitical risks.
- The Reserve Bank of India is intervening to smooth market volatility but has not reversed the downward trend.
- The rupee has fallen over 2% in January 2026.



