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Rupee weakens against US dollar in early trade on Friday

05 Dec 2025 Evaluate
The Indian rupee weakened against the US dollar in early trade on Friday, while domestic equities rose after the Reserve Bank of India reduced the repo rate by 25 basis points and that bringing the repo rate down to 5.25%. Moreover, substantial foreign fund outflows, significant dollar demand from importers, rising crude oil prices and the delay over the announcement of the India-US trade deal have also dampened rupee sentiments. Foreign institutional investors sold equities worth Rs 1,944.19 crore on a net basis on Thursday, exchange data showed.

The partially convertible currency is currently trading at 89.96, weaker by 6 paise from its previous close of 89.90 on Thursday. The currency touched a high and low of 90.05 and 89.69 respectively.

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