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Indian rupee appreciates on Tuesday
Jan-06-2026

Indian rupee appreciated against the US dollar on Tuesday on the back of a weaker greenback and a dip in global crude oil prices. Traders overlooked the report that the seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January. Besides, apex exporters' body Federation of Indian Export Organisations (FIEO) stated that beyond the existing 50 percent tariff, a further hike by the US, will badly hit Indian exports, particularly in traditional sectors of exports. On the global front, the ringgit ended higher against the US dollar on Tuesday as initial safe-haven bids for the dollar faded.

Finally, the rupee ended at 90.15 (Provisional), appreciated by 15 paise from its previous close of 90.30 on Monday. The currency touched a high and low of 90.25 and 90.08 respectively.

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