Brief by Shorts91 Newsdesk / 05:28am on 29 Jan 2026,Thursday India
The Indian rupee slipped to a fresh record low against the US dollar on Tuesday. It fell to 91.9850, moving past its earlier all-time low of 91.9650 seen last week. This is the first time the rupee has come so close to the 92 mark. The currency has now declined about 2% so far this year. Traders said pressure came from a strong dollar and steady foreign fund outflows. Demand for dollars from importers also weighed on the rupee. Market participants are watching global interest rate trends and crude oil prices for further direction in the currency market.