Key Takeaways

• Meanwhile, the dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.02 per cent to 98.78.
• Brent crude, the global oil benchmark, traded 0.17 per cent higher at USD 65.35 per barrel in futures trade.

Key Development 1

NewsBusiness NewsIndia Business NewsRupee opens higher: INR recovers 15 paise from record low; trades at 91.50 against US dollar in early tradeTrendingTop stocks to buyStock market todayAlbinder DhindsaIndia-US tradeNatural gas priceBudget 2026Gold price predictionTop stocks to buyStock market todayAlbinder DhindsaIndia-US tradeNatural gas priceBudget 2026Gold price predictionTop stocks to buyStock market todayAlbinder DhindsaIndia-US tradeNatural gas priceBudget 2026Gold price predictionRupee opens higher: INR recovers 15 paise from record low; trades at 91.50 against US dollar in early tradeTOI Business Desk / TIMESOFINDIA.COM / Updated: Jan 22, 2026, 10:30 ISTCommentsShareAA+Text SizeSmallMediumLarge Representative image The rupee recovered 15 paise on Thursday, strengthening to 91.50 against the US dollar in early trade, rebounding from its all-time low levels touched in the previous session.

The recovery was supported by improved risk appetite after US President Donald Trump stated he had no intention of imposing tariffs on Europe over Greenland, easing geopolitical concerns.

as per Anil Kumar Bhansali, head of treasury and executive director at Finrex Treasury Advisors LLP, the rebound was aided by gains in Asian equities and Trump’s relatively conciliatory tone towards Europe in his Davos speech, revealed news agency PTI.

Forex traders, however, cautioned that the currency remains under pressure amid ongoing global geopolitical uncertainties, despite the near-term relief.

Key Development 2

Meanwhile, the dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.02 per cent to 98.78.

Forex traders stated investor sentiment improved after Trump made public at the World Economic Forum in Davos that he was scrapping planned tariffs on eight European nations and indicated that a framework had been reached on Greenland.

On Wednesday, the rupee plunged 68 paise to close at an all-time low of 91.65, reflecting heightened global uncertainty and strong dollar demand.

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Key Development 3

Foreign institutional investors sold equities worth Rs 1,787.66 crore on Wednesday, as per exchange data.About the AuthorTOI Business DeskThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India.

On the domestic equity market front, the Sensex jumped 533.37 points to 82,443, while the Nifty advanced 157.20 points to 25,314.70 in early trade, lending further support to the rupee.

At the interbank foreign exchange, the rupee opened at 91.54 before gaining further ground to trade at 91.50, marking a 15-paise rise from its previous close.

The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies.

Key Development 4

The pending trade agreement with the United States continues to be seen as a key stabilising factor, with traders noting that the rupee may remain vulnerable to external shocks until geopolitical risks ease and the deal materialises.

With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.Read MoreEnd of ArticleFollow Us On Social MediaPhotostoriesBaby names inspired by Lord SaraswatiFrom mantis to hippo: 5 animals that eat their own speciesFrom India to Paris, 10 baby names inspired by countries'Dhurandhar 2 – The Revenge': A quick recap of Part 1 before Ranveer Singh’s teaser dropsFrom 'Naagzilla' to 'The Odyssey': The much-awaited fantasy movies releasing in 2026How to make Dhaba-Style Amritsari Paneer Bhurji for dinner at homeNot just the Beckhams: 5 famous family feuds that shocked the worldUnseen gems: Rare photos of Rajesh KhannaLaughter Chefs Season 3 to bring major changes: OG Arjun Bijlani, Ankita Lokhande–Vicky Jain return as Team Kaanta vs Churi endsJapanese Ambassador relishes biryani with bare hands: 6 times global leaders have shown love for Indian food123Hot PicksSilver price todayBudget 2026Karnataka DGP ScandalGold price predictionNitin NabinPublic holidays January 2026Bank Holidays JanuaryTop TrendingMax Muncy WifeTyler Glasnow Net WorthAaron Judge and Samantha Bracksiecks Age DifferenceJuan Soto Net WorthNico Hoerner Net WorthGiannis AntetokounmpoIBPS RRB PO Mains ResultJosh Allen InjuryFortnite Down V39.30 UpdateAshwini VaishnawTired of too many ads?go ad free nowTrending StoriesIn BusinessEntire WebsiteRupee recovers 12 paise from record low; trades at 91.53 against US dollar in early tradeBudget 2026 income tax expectations: What individual taxpayers are hoping for – top 4 points to knowTop stocks to buy or sell today: Stock recommendations for January 22, 2026 – check listStock market today: Nifty50 opens above 25,300; BSE Sensex up over 560 points as fears of Trump tariffs on EU easeUS natural gas extends historic run: Prices soar nearly 60% in 3 days – here's whyAtal Pension Yojana to continue up to 2030-31High frequency indicators point to continued buoyancy: RBI reportSensex swings 1.3k pts, ends below 82kOutward remittances fall to two-year low in NovGold trades near $4.9k/oz, silver at $95/ozPutin's Frozen Assets Proposal: $1B offered for Gaza Peace Council; Ukraine aid tied to treaty8th Pay Commission: How much is expected to your salary, pension increase?

Brent crude, the global oil benchmark, traded 0.17 per cent higher at USD 65.35 per barrel in futures trade.

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Key Development 5

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