The Indian rupee fell to an all-time record low of 91.9 against the United States dollar on Friday, Reuters reported.
It slid 41 paise during the day, PTI reported.
The Indian currency continued to lose its value amid foreign fund outflows and risk aversion triggered by geopolitical tensions, PTI reported. Speculative buying of the dollar by offshore players had also contributed to the fall, Reuters reported.
The rupee fell more than 1% this week as foreign investors have withdrawn about $3.5 billion from Indian equities in January so far, according to Reuters.
The Indian currency has plummeted more than 2% this month after falling about 5% in 2025.
On Wednesday, the rupee had breached the 91.5-mark against the dollar for the first time, ending the day at 91.7.
You’ve read Scroll.
Now help sustain it
Scroll is funded by readers, not corporate owners. If you believe our work matters, support our newsroom. Become a member today!
We’re not driven by clicks or corporate interests – just honest, independent reporting. Keep us going. Support Scroll today!