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Rupee Slips Past 90, Settles At 90.20 Against Dollar

Kashmir Observer

January 3, 2026 Issue

The Indian rupee slipped below the 90mark and settled the day lower by 22 paise at 90.20 (provisional) against the US dollar on Friday, amid disappointing macroeconomic data and strengthening of the American currency in overseas markets.

- Press Trust Of India

Forex traders said persistent foreign fund outflows and strong dollar demand from importers further dented investor sentiment.

However, weak crude oil prices and a surge in the domestic equities cushioned the downside, they said, adding that any intervention by the RBI may support the rupee at lower levels.

Dit verhaal komt uit de January 3, 2026 Issue -editie van Kashmir Observer.

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