Indian Rupee Under Pressure Amid Stronger Dollar and Weak Stocks

The Indian rupee faced pressure on January 14, 2026, as a stronger US dollar and weak domestic equities weighed on the currency. Interventions by the Reserve Bank of India and foreign banks provided some support, but persistent foreign investor outflows remain a challenge.

Insights:
On January 14, 2026, the Indian rupee traded at 90.22 per dollar as of 10:55 a.m. IST, reflecting pressure from a firmer US dollar and weak domestic stock markets. Earlier in the day, the rupee slipped to near 90.30 before bouncing back above the 90 level. The Reserve Bank of India (RBI) intervened in the currency market, while foreign banks conducted dollar sales to provide support amid ongoing challenges.
A woman holds a five-hundred-rupee currency note in the old quarters of Delhi, India, on September 25, 2025. REUTERS/Bhawika Chhabra
A woman holds a five-hundred-rupee currency note in the old quarters of Delhi, India, on September 25, 2025. REUTERS/Bhawika Chhabra
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