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Rupee depreciates against dollar on Monday
Jan-05-2026

Indian rupee depreciated against the US dollar on Monday weighed down by a firm American currency and subdued equity market sentiment. Traders overlooked the report that the Reserve Bank said that India's forex reserves jumped by $3.293 billion to $696.61 billion in the week to December 26. Besides, Reserve Bank India (RBI) in its latest data has showed that bank credit to industry increased at a faster rate of 9.6 percent in November 2025 as against 8.3 percent in the same month of the preceding year. On the global front, U.S. dollar strengthened against other major currencies in the Asian session on Monday, after the U.S. attacked Venezuela and captured its president

Finally, the rupee ended at 90.30 (Provisional), depreciated by 9 paise from its previous close of 90.21 on Friday. The currency touched a high and low of 90.50 and 90.20 respectively.

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