https://www.live-feeds.com/feed/india-has-stabilised-its-currency-but-at-what-costContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/india-has-stabilised-its-currency-but-at-what-costhttps://www.live-feeds.com/feed/india-has-stabilised-its-currency-but-at-what-cost#u161488Thu, 29 Oct 2026 09:11:45 +0000The Indian rupee continues to face severe headwinds, trading near record lows against the US dollar between 94.78 and 94.98, despite aggressive intervention and defence efforts by the Reserve Bank of India. Oil-fueled declines, escalating tensions, and heavy importer dollar payments have repeatedly wiped out early session gains and pushed the currency to six-week highs only temporarily on IPO flows. Analysts note that while short-term central bank actions have managed some stability, lasting currency resilience remains elusive without stronger foreign investment, enhanced export competitivenes