The Indian Rupee opened weaker on Wednesday. This followed a significant gain on Tuesday. The Rupee became the best performing Asian currency. This surge was due to a trade agreement reached between India and the United States.

MUMBAI, Feb 2 (Reuters) - The Indian rupee and government bonds are expected to extend their rough patch this week as the government’s higher-than-expected borrowing plan is a concern for traders while weak capital flows leave the currency exposed.

The rupee broke its previous record low of around 91.07 seen in mid-December. So far this month, the currency has weakened by about 1.5 percent. In the full year 2025, the rupee has already fallen nearly 5 percent, reflecting sustained pressure.