December 20, 2025
The Indian rupee traded within a narrow range against the US dollar as balanced capital flows and central bank intervention limited sharp movements. Currency traders noted that rising crude oil prices put pressure on the rupee, while steady foreign inflows into debt markets provided support. The RBI actively monitored the currency to prevent excessive volatility. Analysts said India’s strong foreign exchange reserves offer a buffer against external shocks. Market participants expect the rupee to remain stable unless significant global economic shifts occur.