Rupee falls 11 paise to close at 91.79 against U.S. dollar
The Hindu
Rupee closes down 11 paise at 91.79 against the dollar despite initial gains from a softer dollar index and trade breakthrough.
The rupee pared initial gains and settled for the day in the negative territory, down 11 paise at 91.79 (provisional) against the U.S. dollar, as the support from the retreating dollar index was negated by sustained foreign fund outflows.
Forex traders said the rupee opened higher as the U.S. dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, selling pressure from foreign funds and ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared the gains to touch an intra-day low of 91.83 against the greenback.
The domestic unit settled at 91.79 (provisional), down by 11 paise from its previous close.
On Tuesday (January 27, 2026), the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Forex traders said the rupee opened higher as the U.S. dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
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