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Indian rupee remains unchanged on Thursday
Jan-29-2026

Indian rupee remained unchanged against the U.S. dollar on Thursday. Though the rupee remained unchanged, it traded near its all-time low of 92 against the dollar amid geopolitical uncertainties. Besides, rise in crude oil prices weighed on the rupee. Meanwhile, traders seemed to have overlooked the Economic Survey which projected the country’s GDP growth in the range of 6.8% to 7.2% in 2026-27. They also ignored India’s industrial output growth, measured in terms of the Index of Industrial Production (IIP), which surged to over a two-year high of 7.8% in the month of December 2025 from 7.2% in November 2025 and a 3.7% in December 2024. On the global front, the Japanese yen weakened against other major currencies in the Asian session on Thursday, due to concerns about Japan's fiscal health and political uncertainty.

Finally, the rupee ended at 91.99 (Provisional), unchanged from its previous close of 91.99 on Wednesday. The currency touched a high and low of 92.00 and 91.82 respectively.

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