Newsroom, January 27, 2026: The rupee opened at 91.82 and hit an intra-day low of 91.90 before settling at 91.71 (provisional), marking a 19-paise gain from the previous close.
This rebound follows the currency touching a record low of 92 against the dollar on January 23.
A declining US dollar index and the recent conclusion of India-EU free trade agreement negotiations supported the recovery, boosting market confidence with duty-free access for key Indian sectors like apparel and chemicals into the EU market.
However, pressures persist from foreign institutional investor outflows, rising crude oil prices, and geopolitical tensions, which limited sharper gains.