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Rupee appreciates marginally against dollar on Friday
Jan-30-2026

Indian rupee appreciated marginally against the U.S. dollar on Friday ahead of Union Budget 2026-27. Besides, the decline in intensity of Foreign Institutional investors’ (FIIs) selling has lent some support to the rupee. Meanwhile, the limited appreciation was owed to firm U.S. dollar after U.S. lawmakers reached an agreement to avoid a partial government shutdown and U.S. President Trump said he has chosen a very good person to be the new Federal Reserve chairman. Besides, volatile geopolitical cues continued to weigh on investors’ sentiments. On the global front, Canadian dollar strengthened against other major currencies in the Asian session on Friday amid rising crude oil prices, as Iran shrugged off U.S. threats to negotiate or face attack, causing concerns over possible supply disruptions.

Finally, the rupee ended at 91.90 (Provisional), appreciated by 9 paise from its previous close of 91.99 on Thursday. The currency touched a high and low of 92.02 and 91.82 respectively.

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