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Rupee Plummets to Record Low as Capital Outflows and Importer Hedging Fuel Steepest Weekly Slide in Six Months
The Indian rupee hit an all-time low of 91.9650 on January 23, 2026, marking its steepest weekly decline in six months. Driven by relentless foreign capital outflows and intensified importer hedging, the currency underperformed against its Asian peers despite a weakening US dollar. Explore the impact of RBI intervention and market trends on India's volatile exchange rate 