Indian Rupee Hits Record Low as Foreign Equity Outflows Intensify
The Indian rupee hit a record low of 91.7425 against the dollar as foreign investors pulled three billion dollars from equities. The currency saw its steepest one-day decline in two months on Wednesday.
洞察:
The US Dollar / Indian Rupee reached an all-time low of 91.7425 on January 21, 2026, marking the sharpest single-session decline for the local currency in two months. The rupee concluded the trading day at 91.6950, representing a 0.8% drop from its previous close of 90.9750. This downturn marks the sixth consecutive session of losses for the currency, which has now depreciated by 2% since the start of January 2026.
A primary driver for the decline is the persistent exit of foreign capital from India
IN. Foreign investors have withdrawn approximately $3 billion from Indian shares in January 2026 alone, following record outflows of nearly $19 billion throughout 2025. Despite these pressures, the Reserve Bank of India remained on the sidelines during Wednesday's session, choosing not to provide dollar supply to stabilize the market.










