The Indian rupee experienced mixed trading, appreciating by 6 paise to 89.92 against the US dollar on Friday, January 2, 2026, amid thin liquidity. This followed a 10-paise depreciation to 89.98 on Thursday, the first trading day of the year. Forex traders noted the Reserve Bank of India is protecting the 90-per-dollar level. Sustained foreign fund outflows and domestic equity trends are key factors influencing the rupee, which was Asia's worst-performing currency in 2025.