Rupee bounces back to 90 against the dollar after rough week

Business Dec 17, 2025

The Indian rupee made a strong comeback on Wednesday, jumping over 1% to hit 90.04 against the US dollar after four days of record lows above 91.
This rebound was powered by state-run banks selling dollars and shifts in global currency trends.

Why does this matter?

A stronger rupee means cheaper imports, which is good news as inflation has been very low lately.
It also helps Indian companies that pay bills in dollars and could make travel or studying abroad a bit less expensive.

What's behind the recovery?

The Reserve Bank of India stepped in with big liquidity moves, like a ₹45,000 crore swap and plans for more bond buying, to keep markets steady.
Plus, changes in global money flows and softer US economic data helped take some pressure off the rupee.