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5h agoRupee Hits Record Low, Recovers After RBI Intervention
The Indian Rupee opened at a record low of 91.07 against the US dollar on Wednesday, reflecting a 0.05% drop from its previous close. The currency had been under pressure due to sustained portfolio outflows and a deadlock in US-India trade talks. However, the rupee recovered sharply, likely supported by intervention from the Reserve Bank of India (RBI), which triggered its strongest intraday recovery in seven months. The rupee rebounded to an intraday high of 89.75.
Reuters• By Pooja Kumari
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neutral
5h agoRupee Hits Record Low, Recovers After RBI Intervention
The Indian Rupee opened at a record low of 91.07 against the US dollar on Wednesday, reflecting a 0.05% drop from its previous close. The currency had been under pressure due to sustained portfolio outflows and a deadlock in US-India trade talks. However, the rupee recovered sharply, likely supported by intervention from the Reserve Bank of India (RBI), which triggered its strongest intraday recovery in seven months. The rupee rebounded to an intraday high of 89.75.
Reuters• By Pooja Kumari
Explore:Mutual Fund Tools
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The rupee opened at a record low of 91.07 but recovered sharply, likely aided by RBI intervention, rising to 89.75.
The Indian Rupee opened at a record low of 91.07 against the US dollar on Wednesday, reflecting a 0.05% drop from its previous close. The currency had been under pressure due to sustained portfolio outflows and a deadlock in US-India trade talks. However, the rupee recovered sharply, likely supported by intervention from the Reserve Bank of India (RBI), which triggered its strongest intraday recovery in seven months. The rupee rebounded to an intraday high of 89.75.
The Indian Rupee opened at a record low of 91.07 against the US dollar on Wednesday, reflecting a 0.05% drop from its previous close. The currency had been under pressure due to sustained portfolio outflows and a deadlock in US-India trade talks. However, the rupee recovered sharply, likely supported by intervention from the Reserve Bank of India (RBI), which triggered its strongest intraday recovery in seven months. The rupee rebounded to an intraday high of 89.75.
Dec 17, 2025 • 07:15