. MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee weakened, pressured by weakness in domestic equity markets and continued foreign investor selling. Volatility in the dollar index, driven by key US economic data, has further weighed on the currency,” said Jateen Trivedi of LKP Securities.End of ArticleFollow Us On Social MediaVideosCEPA A Win-Win For India And Chile, Key Focus On Market Access And Minerals: Chile EnvoyMamata Banerjee Hits Streets, Leads Kolkata Rally Against ED RaidsAfter Meeting PM Modi, AI Innovators Share Insights That Could Change The GameAmit Shah Outlines Foolproof NIDMS Mechanism To Counter Future Terror AttacksIndia No Longer Imports Arms, UP Leads Defence Manufacturing: Rajnath Singh’Not Accurate’: India Hits Back After Trump Aide Blames PM Modi For Delayed Trade DealMEA Calls For Firm Action As India Flags Disturbing Pattern Of Attacks On Minorities In BangladeshPM Modi To Host German Chancellor Merz In Gujarat As India-Germany Ties Enter Strategic Phase’PM Modi-Trump Held 8 Calls In 2025′: India Rejects Lutnick’s Claim On Stalled Trade AgreementThe Day CBI Arrested Indira Gandhi And Sonia’s Pasta Maker That May Have Saved The Day For Cong123Photostories8 baby girl names inspired by the poets of IndiaMeet 5 remarkable animals that live and hunt without eyesBirthday Special: Hrithik Roshan’s movies to watch on OTTBirthday special: Hrithik Roshan’s social media moments with Saba Azad and familyTaarak Mehta Ka Ooltah Chashmah: From calling Dilip Joshi the ‘pillar of the show’ to reacting to Disha Vakani aka Dayaben’s return, Sharad Sankla aka Abdul gets candid7 moon-kissed baby names for your little princessCurry-smelling kangaroos to banana bees: 6 animals that surprisingly smell like foodWhat teachers wish parents understood‘Hum Paanch’, ‘Dekh Bhai Dekh’, ‘Yes Boss’: Top TV comedy shows from the 90What students learn in school beyond the syllabus123Hot PicksTrump Mexico NewsTrump Denmark NewsGold rate todayBengaluru newsCigarette price hikePublic holidays January 2026Bank Holidays JanuaryTop TrendingCandace OwensTommy Fleetwood and Clare Fleetwood Net WorthTravis KelceVanessa BryantLos Angeles KingsBoston Celtics vs Toronto RaptorsLeBron JamesJa MorantWPL Live ScoreStefon Diggs

. MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee weakened, pressured by weakness in domestic equity markets and continued foreign investor selling. Volatility in the dollar index, driven by key US economic data, has further weighed on the currency,” said Jateen Trivedi of LKP Securities.End of ArticleFollow Us On Social MediaVideosCEPA A Win-Win For India And Chile, Key Focus On Market Access And Minerals: Chile EnvoyMamata Banerjee Hits Streets, Leads Kolkata Rally Against ED RaidsAfter Meeting PM Modi, AI Innovators Share Insights That Could Change The GameAmit Shah Outlines Foolproof NIDMS Mechanism To Counter Future Terror AttacksIndia No Longer Imports Arms, UP Leads Defence Manufacturing: Rajnath Singh’Not Accurate’: India Hits Back After Trump Aide Blames PM Modi For Delayed Trade DealMEA Calls For Firm Action As India Flags Disturbing Pattern Of Attacks On Minorities In BangladeshPM Modi To Host German Chancellor Merz In Gujarat As India-Germany Ties Enter Strategic Phase’PM Modi-Trump Held 8 Calls In 2025′: India Rejects Lutnick’s Claim On Stalled Trade AgreementThe Day CBI Arrested Indira Gandhi And Sonia’s Pasta Maker That May Have Saved The Day For Cong123Photostories8 baby girl names inspired by the poets of IndiaMeet 5 remarkable animals that live and hunt without eyesBirthday Special: Hrithik Roshan’s movies to watch on OTTBirthday special: Hrithik Roshan’s social media moments with Saba Azad and familyTaarak Mehta Ka Ooltah Chashmah: From calling Dilip Joshi the ‘pillar of the show’ to reacting to Disha Vakani aka Dayaben’s return, Sharad Sankla aka Abdul gets candid7 moon-kissed baby names for your little princessCurry-smelling kangaroos to banana bees: 6 animals that surprisingly smell like foodWhat teachers wish parents understood‘Hum Paanch’, ‘Dekh Bhai Dekh’, ‘Yes Boss’: Top TV comedy shows from the 90What students learn in school beyond the syllabus123Hot PicksTrump Mexico NewsTrump Denmark NewsGold rate todayBengaluru newsCigarette price hikePublic holidays January 2026Bank Holidays JanuaryTop TrendingCandace OwensTommy Fleetwood and Clare Fleetwood Net WorthTravis KelceVanessa BryantLos Angeles KingsBoston Celtics vs Toronto RaptorsLeBron JamesJa MorantWPL Live ScoreStefon Diggs


Rupee weakens 14 paise, closes at 90.16 against dollar

MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee weakened, pressured by weakness in domestic equity markets and continued foreign investor selling. Volatility in the dollar index, driven by key US economic data, has further weighed on the currency,” said Jateen Trivedi of LKP Securities.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *