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Rupee breaks losing streak, importer hedging trims gains
Financial Express Mumbai
|January 07, 2026
THE RUPEE ENDED marginally higher on Tuesday, breaking the four-day losing streak as staterun banks and foreign lenders sold dollars.
However, importers used the move to step up hedging and that capped the gains, according to bankers.
The currency opened at 90.2150 and rose to an intraday high of 90.09, supported by dollar offers from state-run banks and a change in the way the daily fixing was quoted. The rupee ended 0.1% higher at 90.18, up from 90.2750 on Monday.
Esta historia es de la edición January 07, 2026 de Financial Express Mumbai.
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