At the end of Friday's trading session, the rupee was quoted at 90.20 (provisional) against the greenback, down 22 paise from its previous close. "Indian rupee fell on Friday, breaching the 90-mark once again amid disappointing macroeconomic data and a positive US dollar index... FII outflows too weighed on the rupee. However, weak crude oil prices and a surge in the domestic equities cushioned the downside. On the domestic macroeconomic front, India's manufacturing sector activity witnessed the weakest improvement in two years in December, driven by softer expansions in new orders. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent higher at 98.38.

Source: The Telegraph January 02, 2026 11:09 UTC