Rupee bounces back to 89.45 against dollar—here's why it matters

Business Dec 22, 2025

The Indian rupee just climbed to 89.45 against the US dollar, making a noticeable comeback after hitting record lows earlier this month.
This boost is thanks to investors feeling more upbeat about emerging markets, giving the rupee some much-needed momentum.

What's driving the recovery?

Fresh foreign investments and corporate dollar sales have helped ease pressure on the rupee. The Reserve Bank of India has also stepped in behind the scenes to keep things steady.
Even though the rupee is still down about 4% this year—making it Asia's weakest performer so far—it's managed a small rebound lately, helped by stable oil prices and calmer global markets.