Indian Rupee Takes a Dive: Investors Sell ₹29,300 Crore

On January 20, 2026, the Indian rupee took a tumble, opening at 90.93 per dollar before diving down to 91.01. This drop was caused by foreign investors selling off a whopping ₹29,300 crore and some global trade drama. The Reserve Bank of India tried to help but mostly let the market do its thing. It’s been a rough ride for the rupee since last year!