Indian rupee fell to an all-time low on Wednesday, weighed down by risk-aversion as the Greenland dispute compounded existing pressures on the currency. The rupee opened at 91.08 against the US dollar. The local currency fell about 0.24% to a record low of 91.19.
Investors swung into risk-off mode and bought into safe-haven assets after US President Donald Trump’s threats over Greenland and concerns over the potential for a US–Europe trade dispute.
The currency’s previous all-time low was 91.0750 set in mid-December 2025.
