The Headlines – Rupee vs dollar: Currency closes lower at 89.98 in the first 2026 day; what set the tone

The Indian rupee opened 2026 on a weak note, slipping 10 paise to close at 89.98 against the US dollar. Sustained foreign fund outflows and a subdued domestic equity market pressured investor sentiment, with the currency facing continued pressure from capital withdrawals and importer demand.

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