Rupee falls 31 paise to all-time low of 91.28 against U.S. dollar in early trade

The rupee depreciated 31 paise to an all-time debased of 91.28 against the American currency successful aboriginal commercialized connected Wednesday (January 21, 2026), weighed down by dependable dollar request and a cautious planetary mood.

Forex traders said rising geopolitical uncertainty, including renewed U.S. expansionary signals, has accrued hazard aversion and kept emerging marketplace currencies nether pressure.

Moreover, a sluggish home banal marketplace triggered by an exodus of overseas superior dented investors’ sentiment further, they said.

At the interbank overseas exchange, the rupee opened astatine 91.05 and mislaid crushed to commercialized astatine 91.28 against the greenback, down 31 paise from its erstwhile close.

On Tuesday (January 20, 2026), the rupee depreciated 7 paise to adjacent astatine a grounds debased of 90.97 against the U.S. dollar.

"Markets were already uneasy erstwhile U.S. President Donald Trump revived commercialized warfare rhetoric and renewed his propulsion for Greenland. U.S. Treasury yields jumped to four-month highs, portion the dollar slipped for a 2nd day— a motion that investors are questioning not conscionable risk, but direction," CR Forex Advisors MD – Amit Pabari said.

Mr. Pabari further noted that "persistent planetary unease, coupled with a sustained interruption supra 91.07, could gradually unfastened the doorway toward the 91.70–92.00 zone, unless restrained by progressive involution from the RBI.

"On the downside, immoderate corrective pullback is apt to find its archetypal enactment of enactment successful the 90.30–90.50 range." On December 16, 2025, the rupee reached its erstwhile lowest intra-day level of 91.14 and its lowest closing level of 90.93 against the American currency.

Meanwhile, the dollar index, which measures the greenback's spot against a handbasket of six currencies, was trading 0.05% little astatine 98.59.

Brent crude, the planetary lipid benchmark, was trading 1.11% little astatine $64.20 per tube successful futures trade.

On the home equity marketplace front, Sensex dropped 385.82 points to 81,794.65 successful opening trade, portion Nifty declined 91.5 points to 25,141.

Foreign organization investors offloaded equities worthy ₹2,938.33 crore connected Tuesday (January 20, 2026), according to speech data.