A new low for rupee! Currency falls 23 paise to 91.20 against US dollar

Rupee deed a caller debased connected Wednesday, falling 23 paise to scope 91.20 against the US dollar successful aboriginal trade, extending its downward streak. Earlier connected Tuesday, the currency had closed astatine a grounds debased of 90.97, down 7 paise amid beardown request for dollars from metallic importers and continued overseas money outflows that weighed connected capitalist sentiment.According to forex traders, geopolitical uncertainties, including caller US expansionary signals, person accrued hazard aversion and placed further unit connected emerging marketplace currencies. In 2025 alone, the currency fell 4.95%. Furthermore, banal market’s sluggish performance, driven by the exit of overseas investors, besides contributed to rupee’s decline. The currency had antecedently deed its lowest intra-day level of 91.14 and closing debased of 90.93 against the dollar connected 16 December 2025.Foreign organization investors person offloaded implicit $2.7 cardinal from Indian indebtedness and equities truthful acold successful January, according to NSDL data.Ritesh Bhansali, lawman CEO, Mecklai Financial Services told ET that determination was mild involution astir 91/$1 levels, "and it seemed similar the cardinal slope was trying to support the 91 level. The sentiment is not that great, overseas investors are selling from India, equities are successful the red, yields connected authorities bonds are high, and there's the hanging sword of geopolitical uncertainty,” “The involution contiguous was to power the gait of depreciation and not to alteration the people of the rupee. The cardinal slope would not privation to pain its reserves arsenic determination was bully dollar request today,” different elder trader from a PSU slope told the concern daily.Over the coming days, rupee is expected to proceed trading with a depreciation bias.