Rupee Recovers 9 Paise to 91.90 Against US Dollar Amidst Lower Crude Prices
Currency
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CNBC TV18•30-01-2026, 09:35
Rupee Recovers 9 Paise to 91.90 Against US Dollar Amidst Lower Crude Prices
- •The Indian rupee gained 9 paise to trade at 91.90 against the US dollar in early deals on Friday, recovering from its lowest level.
- •Lower crude oil prices in the international market supported the rupee's recovery.
- •The rupee's sharp recovery was limited by a strong US dollar and foreign fund withdrawals from domestic equity markets.
- •The dollar index rose 0.36% to 96.48 after the US Federal Reserve kept interest rates unchanged.
- •Domestic equity markets saw declines, with Sensex down 520.07 points and Nifty dropping 157.65 points in early trade.
Why It Matters: Rupee recovers slightly against the dollar, supported by lower crude but capped by strong greenback and FII outflows.
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