2026-01-23 12:09:55 pm | Source: Accord Fintech
Rupee weakens against US dollar in early deals on Friday
The Indian rupee weakened against the US dollar in early deals on Friday amid persistent foreign fund outflows, while the Federal Reserve is widely expected to maintain interest rates steady at its upcoming policy meeting on January 27-28, 2026. Rupee fell further on weak domestic equities, despite easing fears of another trade war after US President Donald Trump softened his stance on tariff threats against Europe over Greenland.
The partially convertible currency is currently trading at 91.60, weaker by 2 paise from its previous close of 91.58 on Thursday. The currency touched a high and low of 91.64 and 91.41 respectively.
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