Indian Rupee Extends Declines Against US Dollar Amid Trade Policy Concerns and High Local Demand
The Indian rupee fell to 90.2425 on Monday as corporate demand and US tariff warnings weighed on sentiment. This marks the currency's ninth drop in ten days.
Insights:
The Indian Rupee weakened against the US Dollar 
USon Monday, quoting at 90.2425 at 11:12 am IST on January 5, 2026. This level follows a settlement of 90.1975 on Friday, January 3, 2026, and represents the ninth decline for the currency in the last ten trading sessions. Since the start of this downward trend, the exchange rate has fallen from approximately 89.25 to its current position near 90.2425. This movement is largely attributed to structural imbalances within the domestic market in India 
IN, particularly concentrated dollar demand at the daily reference rate.
USon Monday, quoting at 90.2425 at 11:12 am IST on January 5, 2026. This level follows a settlement of 90.1975 on Friday, January 3, 2026, and represents the ninth decline for the currency in the last ten trading sessions. Since the start of this downward trend, the exchange rate has fallen from approximately 89.25 to its current position near 90.2425. This movement is largely attributed to structural imbalances within the domestic market in India IN, particularly concentrated dollar demand at the daily reference rate.
