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Rupee recovers from lowest level against US dollar in early deals on Friday
Jan-30-2026
The Indian rupee recovered from its lowest level against the US dollar in early deals on Friday, fuelled by lower crude oil prices in the international market. However, weakness in domestic equities ahead of budget announcements, and withdrawal of foreign funds have limited further gains in rupee. Foreign institutional investors sold equities worth Rs 393.97 crore on Thursday, exchange data showed. Rupee gains were also capped by strong American currency against its major peers overseas after US President Donald Trump said he would soon announce his nominee to head the Federal Reserve and ‌on optimism the United States will avert a government shutdown.

The partially convertible currency is currently trading at 91.94, stronger by 5 paise from its previous close of 91.99 on Thursday. The currency touched a high and low of 91.9475 and 91.82 respectively.

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