Archive · 29 Dec 2025
Rupee Hits Record Low, RBI Intervenes
The Indian rupee hit a new low of 91.07 against the US dollar on 18 December 2025.
The Reserve Bank of India (RBI) stepped in to help the rupee by selling dollars in the market.
This intervention caused the rupee to gain some strength, closing at 89.65 on 19 December.
The RBI has been actively working to prevent the rupee from falling too much, especially after it reached several record lows in recent weeks.
Their actions helped the rupee recover slightly on 17 December as well, with a 1% gain during that day's trading.
The RBI's goal is to keep the rupee stable and prevent it from losing more value.
Experts believe that a trade deal with the US, expected by March 2026, could further support the currency's recovery.
The Indian rupee hit a record low of 91.07 against the dollar on 18 December 2025.
The Reserve Bank of India (RBI) intervened by selling dollars to stabilize the rupee.
The rupee closed at 89.65 against the dollar on 19 December 2025.
The RBI's intervention led to a 1% intraday gain on 17 December 2025.
The central bank has been actively intervening to protect the rupee from further depreciation.
- Who
- Reserve Bank of India (RBI)
- What
- Intervention in the forex market to stabilize the rupee
- When
- 17 December 2025 and 18 December 2025
- Where
- India
- Why
- To protect the rupee from further depreciation
Market Analysts
Government Officials
Currency Depreciation
Market Analysts
Market analysts attribute the rupee's depreciation to external factors such as US tariffs, outflow of foreign equities, and global economic uncertainties.
Government Officials
Government officials emphasize the role of internal economic policies and RBI interventions in stabilizing the currency.
Future Outlook
Market Analysts
Analysts predict continued volatility and suggest that a trade deal with the US is crucial for the rupee's recovery.
Government Officials
Officials are optimistic about improved trade numbers, strong GDP growth, and further RBI interventions to support the currency.
- Currency
- Indian Rupee (INR)
- Record Low
- 91.07 against the dollar
- Date of Record Low
- 18 December 2025
- Closing Value
- 89.65 against the dollar
- Date of Closing Value
- 19 December 2025
- Intervention
- Reserve Bank of India (RBI) sold dollars
- Intraday Gain
- 1% on 17 December 2025
- Expected Trade Deal
- Likely to be finalized by March 2026
Sources
After a bruising 2025, can India’s rupee find its footing next year?
Going forward, RBI’s rupee policy must not repeat errors of recent history
India’s backyard in flux: From Gen-Z chaos in Nepal to civilian surrender in Pakistan
Rupee’s wild 2025 ride: Behind the shock move to 91, the recovery, – and what’s next
Rupee stabilising after crossing 90-mark against dollar, worst may be over—Invesco report
Rupee falls 8 paise to close at 89.98 against US dollar
Rupee falls 8 paise to close at 89.98 against US dollar
