The Indian rupee declined by 7 paise to 89.43 against the US dollar during early trading on Friday, influenced by a stronger dollar and rising global crude oil prices.
Forex analysts noted that the depreciation of the rupee was exacerbated by the outflow of foreign funds, as investors remained cautious, awaiting the release of GDP growth figures for the July-September quarter later in the day.
On the interbank foreign exchange market, the rupee started the day at 89.41 before slipping to 89.43 against the dollar, marking a loss of 7 paise from its previous closing value. The currency had earlier weakened by 14 paise, closing at 89.36 against the dollar on Thursday.
The dollar index, which measures the currency’s strength against a basket of six other currencies, was up 0.04 percent at 99.56, reflecting increased demand from importers and banks for month-end trade payment settlements.
Meanwhile, Brent crude, the international oil benchmark, increased by 0.41 percent, trading at $63.60 per barrel in futures contracts.
In the domestic equity market, the Sensex gained 91.01 points to reach 85,811.39, while the Nifty rose by 18.85 points to 26,234.55.
According to exchange data, foreign institutional investors sold equities worth ₹1,255.20 crore on a net basis on Thursday.
Published on November 28, 2025.
