
The Indian rupee gained 12 paise to trade at 90.66 against the U.S. dollar in early deals on January 19, 2026, recovering from recent lows amid a weakening dollar globally. This recovery was supported by a sell-off in the dollar following U.S. President Donald Trump's tariff threats on European countries over Greenland. However, persistent foreign fund outflows from domestic equities and higher crude oil prices amid geopolitical tensions kept investor sentiment cautious. The Sensex and Nifty declined, with foreign institutional investors offloading equities worth over ₹4,300 crore.
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