Rupee Hits Historic Low Past 90 Level
Indian Rupee crashes past the 90-per-dollar mark for the first time, settling at 90.20 on Jan 2, 2026. Stay updated on USD/INR exchange rate trends and RBI intervention news.
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MUMBAI-The Indian Rupee plunged to a new historic low on Friday, slipping past the psychological 90-mark to settle at 90.20 against the US Dollar. This 22-paise decline was triggered by disappointing macroeconomic data and a massive surge in dollar demand.
Persistent foreign fund outflows and global trade uncertainties continue to pressure the currency. While the RBI may intervene to stabilize the volatility, traders remain cautious as the USD/INR exchange rate faces headwinds from a strengthening greenback in overseas markets.
