Rupee recovers 10 paise from all-time low to 91.80 against U.S. dollar
The Hindu
Rupee recovers 10 paise to 91.80 against the dollar amid broad dollar weakness and ongoing geopolitical uncertainties.
The rupee rebounded from its all-time low levels and gained 10 paise to trade at 91.80 against the U.S. dollar in early deals on Tuesday (January 27, 2026), as the dollar index retreated from its elevated levels.
Forex traders said the rupee recovered marginally as traders rushed to cover broad dollar weakness.
At the interbank foreign exchange, the rupee opened at 91.80 against the greenback, up 10 paise from its previous close.
On Friday (January 23), the rupee hit a historic low of 92 per dollar and gained marginally to settle at 91.90 against the American currency.
Forex and equity markets were closed on Monday (January 26, 2026) for Republic Day.
"The dollar index was down sharply to a four-month low of 96.80 amid pre-FOMC positioning as it has weakened 0.98% over the past month," Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP, said in a research note.
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