2026-01-19 11:20:09 am | Source: Accord Fintech
Rupee weakens against US dollar in early deals on Monday
The Indian rupee weakened against the US dollar in early deals on Monday, weighed down by higher crude oil prices overseas and sustained foreign portfolio outflows from the domestic equity markets. Foreign institutional investors offloaded equities worth Rs 4,346.13 crore on Friday, exchange data showed. However, some falls were limited by sell-off in American currency against major overseas rivals after US President Donald Trump announced imposing tariffs on European countries if they resist his plan to buy Greenland.
The partially convertible currency is currently trading at 90.81, weaker by 3 paise from its previous close of 90.78 on Friday. The currency touched a high and low of 90.86 and 90.65 respectively.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
JSW Infrastructure zooms on getting nod to acquire 1...
Bharti Airtel gains on deploying over 2,400 new 5G s...
GCCs emerge as primary growth driver for India`s off...
Market share of homes priced above Rs 1 crore reache...
JGU launches World University Leaders Forum at Davos...
Buy Zinc JAN @ 311 SL 309 TGT 313-315. MCX - Kedia ...
Buy Dhaniya APR @ 11100 SL 10800 TGT 11400-11600. NC...
Buy Natural Gas Jan @ 280 SL 275 TGT 286-292. MCX - ...
MCX Gold Feb is expected to rise towards Rs 145,500 ...
Zinc trading range for the day is 309-318.8 - Kedia ...
