Rupee Falls 11 Paise͏ to 89.99/USD Today After Foreign Outflows Mark a ͏Weak Start ͏to ͏2026 

Mumbai, 1 January 2026: The Indian rupee started 2026 on a weak note, falling by 11 paise to 89.99 against the US dollar in early trade on Thursday, under pressure from foreign fund outflows and persistent global uncertainty. The domestic unit opened at 89.94, fell further in the day and touched an intraday low of 89.99, compared with its͏ its previous close of 89.88 on 31 December 2025. 

Market players said the initial decline was a part of the continuing sell-off pressure that dominated the previous year, despite domestic fundamentals and forex reserves being viewed as stabilising factors. 

Rupee Opens at 89.94 and Slips to͏ ͏89.99 ͏as ͏Foreign Outflows Keep Pressure Intact 

In the interbank market for foreign exchange, the rupee opened at 89.94 per US dollar and slipped to 89.99 during early trade, losing 11 paise from its last close of 89.88. Forex traders said the currency began the new year facing a confluence of headwinds from capital outflows and suppo͏rt from India’s macroeconomic fundamentals and strong reserve position. The move represented the supply/demand mismatch in dollar liquidity experienced in recent sessions. 

2025 Saw͏ a͏ 6% Rupee Depreciation, Setting the Context for Today’s Weak Opening 

This current move͏ comes after a challenging year for the currency. In 2025, the rupee weakened 6% to be among the weakest performers in Asia for the year. The drop on Thursday mirrors t͏hat broader trend, with volatility and external factors continuing to influence near-ter͏m currency movements, as trading resumed after the year-end holidays. 

Currency Market Impact Visible in ͏Early͏ 2026 as Rupee Trades Near 90 ͏per Dollar 

The rupee approaching the 90-mark level against the dollar at the start of the year highlights the currency’s sensitivity to global capital flows and policy signals. Traders said that while the domestic stability factors remain intact, near-term prices are being influenced by un͏certainty in global financial markets and volatility in portfolio flows. 

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