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Indian rupee hits record low of 92 against USD

Xinhua
| January 23, 2026
2026-01-23

NEW DELHI, Jan. 23 (Xinhua) -- The Indian rupee on Friday hit a new low, closing at nearly 92 against the U.S. dollar.

This marked the currency's steepest weekly decline in six months.

Analysts attributed this drop primarily to persistent foreign outflows and hedging activities by importers. Enditem

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