Indian rupee weakens against dollar on Friday
The rupee ended at 91.03 (Provisional), weakened by 12 paise from its previous close of 90.91 on Thursday
Indian rupee weakened against the U.S. dollar on Friday as sharp rise in global crude oil prices amid geopolitical uncertainties weighed on rupee. Crude oil prices rose as the indirect negotiations between the United States and Iran aimed at easing tensions over Tehran's nuclear program concluded without an agreement. Besides, foreign institutional investors have sold securities worth Rs 3,465.99 crore on Thursday’s session. Meanwhile, the rating agency ICRA has estimated that Indian companies to sustain favourable Year-on-Year (Y-o-Y) revenue growth of 8-10% in Q4 2025-26 (vis-a-vis 10.6% YoY increase in Q3 2025-26), supported by resilient rural demand and a gradual recovery in urban consumption.
Finally, the rupee ended at 91.03 (Provisional), weakened by 12 paise from its previous close of 90.91 on Thursday. The currency touched a high and low of 91.07 and 90.91 respectively.
