The Indian rupee weakened on Friday, January 9, 2026, falling by 26 paise to close at 90.16 against the U.S. dollar on a provisional basis.
The fall in the rupee was mainly due to high global crude oil prices and continuous selling by foreign investors. Rising geopolitical tensions across the world also added pressure on the local currency.
Forex traders said that a stronger U.S. dollar in global markets has made it harder for the rupee to hold its value. In addition, weak performance in India’s domestic stock markets further affected investor confidence.
Overall, a mix of global and domestic factors led to the rupee ending the day lower against the dollar.