Dollar vs Rupee: Amid increasing geopolitical tensions across the world, the Indian rupee has strengthened. On the morning of Tuesday, January 6, 2026, the second trading day of the week, the rupee rose by 18 paise to reach 90.12 against the US dollar. The domestic currency got support due to weakness in the dollar and fall in international crude oil prices.
However, according to forex traders, US President Donald Trump’s comments regarding tariffs on India, withdrawal of foreign institutional investors (FIIs) and continued weakness in domestic stock markets limited the rise of the rupee.
Rupee strengthened
In the interbank foreign exchange market, the rupee opened at 90.22 per dollar and later strengthened to 90.12, showing an increase of 18 paise over the previous closing price. A day earlier on Monday, the rupee fell by 10 paise and closed at 90.30 per dollar amid strengthening of the dollar due to geopolitical uncertainties. Meanwhile, the dollar index, which gauges the dollar’s position against six major currencies, rose 0.04 percent to 98.21.
Weak trend continued in the domestic stock markets. In early trade, the Sensex fell 431.95 points to 85,007.67, while the Nifty slipped 105.6 points to 26,144.70. According to Anuj Choudhary, research analyst at Mirae Asset Sharekhan, the rupee was under pressure on Monday due to the increasing tension between the US and Venezuela, as the dollar strengthened due to demand for safe investments. However, falling crude oil prices and foreign capital inflows have supported the rupee at lower levels.
decline in crude oil
In the international market, Brent crude was seen trading at $ 61.57 per barrel with a decline of 0.31 percent. At the same time, according to the stock market data, FIIs were sellers on Monday and they sold shares worth a net Rs 36.25 crore.
Also read: Rise in gold and silver prices; Gold is being sold at this rate on January 6, know the latest price in your city

