07 Jan 2026 | 5 Mins Read
Rupee gains on global market cues
Flipitmoney
The rupee strengthened to 89.92 against the US dollar in early trade, gaining 26 paise from the previous close. This followed a softer US dollar and lower global crude oil prices, easing pressure on the domestic currency. Traders expect Reserve Bank of India support, while market participants remain cautious due to underlying flows indicating a bias towards depreciation.