India, Jan. 9 -- The rupee weakened by 26 paise to close at 90.16 (provisional) against the US dollar on Friday, pressured by rising global crude oil prices and continued foreign fund outflows amid escalating geopolitical tensions.
Forex traders said the local currency also faced headwinds from a stronger US dollar and subdued sentiment in domestic equity markets.
At the interbank foreign exchange market, the rupee opened on a firm note at 89.88 but gradually lost momentum during the session, touching an intraday low of 90.25 before settling at 90.16.
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