Indian Rupee Sees Volatility, RBI Intervenes to Stabilize Against Dollar

The Indian Rupee experienced fluctuations on Friday, December 26, 2025, closing at 89.86 against the US dollar. State-run banks, on behalf of the Reserve Bank of India, actively intervened to curb dollar demand and mitigate further depreciation, following recent record lows for the currency.

• Rupee closed at 89.86 against dollar, down 15 paise.
• State-run banks intervened, selling dollars to stem depreciation.
• RBI's aggressive intervention supported rupee from recent record lows.
• Dollar demand from importers and foreign fund outflows influenced rupee.
• Broader economic context includes declining housing sales in India.
• The currency is influenced by global factors and trade deal uncertainties.

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