Indian Rupee Plunges to Unprecedented Low Against US Dollar
The Indian rupee has experienced a dramatic decline, reaching a historic low of 91.64 against the US dollar, according to recent reports from forex traders. This new record surpasses the previous all-time low of 91.14, which was recorded on December 16, 2025, highlighting a concerning trend in the currency's performance.
Significant Monthly Depreciation
Forex market analysts have noted that the rupee has fallen by approximately 1.50 per cent so far this month, indicating sustained pressure on the local currency. This depreciation reflects broader economic challenges and global market dynamics that are impacting India's financial landscape.
Market Reactions and Implications
The Reserve Bank of India is closely monitoring the situation as the rupee's weakness could have far-reaching effects on imports, inflation, and overall economic stability. Traders are observing increased volatility in the forex markets, with many attributing the decline to factors such as rising US dollar strength and domestic economic uncertainties.
This development underscores the need for strategic interventions to stabilize the currency and support India's economic resilience in the face of global financial headwinds.
