The Indian rupee traded almost flat against the U.S. dollar on January 12, 2026, closing at ₹90.1550 per dollar as of 3:30 PM IST, compared to the previous close of ₹90.1625. The currency’s stability reflects balanced demand-supply dynamics amid global dollar strength and resilient domestic macroeconomic fundamentals.
The Indian rupee (INR=IN) remained largely unchanged in Monday’s trading session, reflecting stability in foreign exchange markets. As of 3:30 PM IST, January 12, 2026, the rupee was quoted at ₹90.1550 per U.S. dollar, marginally stronger than its previous close of ₹90.1625.
Key Highlights
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Flat movement: The rupee’s near-static performance underscores balanced flows in the forex market.
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Global cues: The U.S. dollar index held firm, limiting sharp appreciation in the rupee.
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Domestic resilience: Strong macroeconomic fundamentals, including steady foreign inflows and robust forex reserves, helped cushion volatility.
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Investor sentiment: Traders remain cautious ahead of key U.S. inflation data and domestic corporate earnings, which could influence currency trends.
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Market outlook: Analysts suggest the rupee may continue to hover in a narrow range, with RBI’s interventions ensuring stability.
The rupee’s steady close highlights India’s resilient currency management, offering confidence to investors and businesses navigating global uncertainties.
Sources: Reuters, Economic Times Markets (economictimes.indiatimes.com in Bing), Moneycontrol Forex