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Rupee falls on FII fund outflows
The Free Press Journal - Mumbai
|December 27, 2025
The rupee depreciated 19 paise to close at 89.90 against the US dollar on Friday, tracking a negative trend in domestic equities and foreign fund outflows
Forex traders said a recovery in crude oil prices, significant dollar demand from importers, and risk-off sentiment amid trade deal uncertainties further dented investor sentiment.
At the interbank foreign exchange, the rupee opened at 89.84 against the US dollar, then touched an intra-day low of 89.94, registering a 23-paise loss from its previous close.
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