Indian Rupee Weakens Amid Corporate Demand and Low Trading Volumes
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Indian Rupee Weakens Amid Corporate Demand and Low Trading Volumes

The Indian rupee depreciated by 0.1% on Thursday, closing at 89.97 against the dollar, influenced by corporate demand for foreign currency. Trading volumes were low, limiting significant movement. Analysts suggest the rupee may trade within a range of 89.40 to 90.26 in the near term. Over 2025, the rupee weakened by 4.74%, impacted by global economic factors and foreign investor outflows, though the RBI intervened to support the currency.

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