Rupee weakens against US dollar in early trade on Friday

2026-11-13 11:02:03 am | Source: Accord Fintech

Rupee weakens against US dollar in early trade on Friday

News By Tags | #Rupee #USdollar #CurrencyNews #FII #ReserveBankofIndia #Trade

The Indian rupee weakened against the US dollar in early trade on Friday after data showed India's retail inflation surged to 6.09% in October 2026, breaching the Reserve Bank of India's (RBI) upper tolerance limit of 6% for the first time in two years and raising concerns over further monetary tightening by the RBI at its upcoming policy meeting. However, losses were limited by softer crude oil prices and robust foreign fund inflows, with Foreign institutional investors (FIIs) bought equities worth Rs 7,830.60 crore on Thursday.

The partially convertible currency is currently trading at 94.20, weaker by 8 paise from its previous close of 94.12 on Thursday. The currency touched a high and low of 94.2075 and 94.0550 respectively.

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Rupee weakens against US dollar in early trade on Friday

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