Rupee starts 2026 on a negative note, falls to 89.97/USD. Where is the domestic currency headed this year?

The Indian rupee started the new year on a negative note, as the currency depreciated against the US dollar in trade on Thursday, January 01, amid foreign fund outflows. Forex traders noted that the rupee has begun 2026 facing a mix of headwinds and supports. While global uncertainty remains, India’s solid macroeconomic fundamentals and healthy…

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