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Rupee slides to record low on global jitters, outlook fragile
Hindustan Times Uttarakhand
|January 22, 2026
The rupee slid sharply on Wednesday, hitting a fresh record low of 91.7450 against the US dollar, weighed down by heightened global uncertainty leading to risk aversion across markets and outflows by foreign portfolio investors.
Global uncertainty and FPI outflows weighed on the domestic currency.
(REUTERS)
The domestic currency logged its steepest intraday fall in almost two months and depreciated over 7% against the dollar, even as the Reserve Bank of India stepped in intermittently to curb volatility.
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