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Rupee at risk of all-time low, leans on central bank for support
short by / on Friday, 28 November, 2025
The India rupee is poised to open weaker on Friday, with the imbalance between robust importer hedging and hesitant exporter flows making it vulnerable to a lifetime low and dependent on central bank support. The 1-month non-deliverable forward indicated the rupee will open in the 89.40-89.42 range versus the US dollar, having settled at 89.3050 on Thursday.