Rupee Falls 10 Paise to 90.44 Against US Dollar Amid Foreign Outflows and Strong Dollar

The Indian rupee declined by 10 paise to 90.44 against the US dollar in early trade on January 16, marking its third consecutive session of weakening. This was driven by sustained foreign fund outflows and a strong US dollar supported by resilient US economic data, which reduced expectations of an immediate Federal Reserve rate cut. Despite this, lower crude oil prices and positive domestic equity markets limited the rupee's fall. India's trade deficit widened slightly in December 2025, adding pressure on the currency, while foreign institutional investors continued to offload equities.