# Indian rupee anchored near record low on outflows, corporate dollar demand - Markets - Business Recorder

> The rupee closed at 88.76 per dollar on Monday, its weakest closing level on record. Foreign portfolio outflows and corporate dollar demand kept pressure on the currency. The RBI was reported to be selling dollars to limit the decline.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/23168-indian-rupee-anchored-near-record-low-on-outflows-corporate-dollar-demand
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Persistent rupee weakness raises the local-currency cost of dollar-priced imports, including feed ingredients. Intervention by the RBI is limiting how far the currency falls.

## Read by commodity

- USDINR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40385077

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.