Rupee Weakens Due to Corporate Dollar Demand, Stays Near 90

The Indian Rupee experienced a third consecutive session of weakening on Monday, December 29, 2025, primarily due to significant dollar demand from corporations. Despite this pressure, the rupee managed to stay close to the 90 mark against the U.S. dollar. Traders noted that bids at the central bank's reference rate also contributed to the currency's decline, closing at 89.9750.

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