HOME > MARKETS > DEBT MARKET
  DEBT MARKET
MONEY MARKETS
Rupee weakens against dollar on Friday
Jan-16-2026

Indian rupee weakened against the U.S. dollar on Friday as concerns about persistent fund outflows from foreign institutional investors (FIIs) outweighed the positive merchandise exports numbers. The FIIs were the net sellers of securities worth Rs 4,781.24 crore on Wednesday. Meanwhile, investors overlooked the data released by commerce ministry showing India’s merchandise exports rose 1.87 per cent to $38.5 billion in December 2025 as compared to $37.80 billion in December 2024, despite persistent global economic headwinds. Merchandise imports during December 2025 were $63.55 billion as compared to $58.43 billion in December 2024. On the global front, the Malaysian Ringgit weakened against the US dollar on Friday after the US dollar strengthened as first-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended January 10.

Finally, the rupee ended at 90.83 (Provisional), weakened by 49 paise from its previous close of 90.34 on Wednesday. The currency touched a high and low of 90.89 and 90.37 respectively.

  RELATED NEWS >>