Indian Rupee Extends Losing Streak, USD INR Touches Year’s Weakest Level

The Indian rupee came under heavy pressure on January 21, after touching a fresh record low during afternoon trade amid global risk-off sentiment and continued foreign investor selling in Indian equities. Currency experts linked the fall to rising risk aversion triggered by the Greenland dispute and weak market sentiment, as the rupee extended its losing streak for the sixth consecutive session. Market participants also cited broader global cues such as bond market volatility and a decline in equities, which kept demand strong for safe-haven currencies. As per the latest market summary, USD INR closed at 91.54 on 21-01-26, marking the year’s low at the same level (0.00% change from the low). The exchange rate showed a weekly decline of 1.44%, with last week’s level at 90.24, while the monthly change stood at -2.20% versus 89.57. The quarterly performance remained negative at -4.00% compared to 88.02, and the yearly change was also down by -5.89% versus 86.45. The year’s high was recorded at 84.29 on 05-05-25, reflecting a decline of 8.60% from the yearly peak, highlighting how the rupee has remained under sustained pressure through the current cycle.Disclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.