Archive · 28 Jan 2026
Rupee Declines Amid Foreign Outflows
The Indian rupee has been losing value and recently hit a low point.
It started the day higher because the US dollar became weaker and there was good news about a trade deal with Europe.
However, it ended up losing some value because foreign investors were selling their investments in India and there were worries about global politics.
The rupee's value is also affected by the price of oil and the US Federal Reserve's decisions.
The rupee is now worth about 91.79 per US dollar, which is a bit less than the day before.
The rupee initially gained due to a softer US dollar index and a trade breakthrough with the EU.
Sustained foreign fund outflows and geopolitical tensions caused the rupee to lose value.
The rupee opened at 91.60, touched a high of 91.50, and settled at 91.79 against the US dollar.
The rupee has weakened about 2% this month, making it the worst performer among Asian currencies.
Intermittent dollar sales from state-run banks and likely central bank presence limited the currency's losses.
- Who
- Forex traders, foreign investors, Indian and European Union officials
- What
- The rupee's decline amid foreign fund outflows and geopolitical tensions
- When
- Late January 2026
- Where
- Interbank foreign exchange market, India
- Why
- Sustained foreign fund outflows and geopolitical tensions
- Current Rupee Value
- 91.79 per US dollar (as of late January 2026)
- Previous Close
- 91.68 per US dollar
- Dollar Index
- 96.14 (trading 0.07% lower)
- Brent Crude
- USD 67.28 per barrel (trading 0.43% lower)
- Foreign Portfolio Outflows
- USD 4 billion in January 2026
