New Delhi, Jan. 1 -- The Indian rupee started the new year on a negative note, as the currency depreciated against the US dollar in trade on Thursday, January 01, amid foreign fund outflows.

Forex traders noted that the rupee has begun 2026 facing a mix of headwinds and supports. While global uncertainty remains, India's solid macroeconomic fundamentals and healthy foreign exchange reserves continue to offer stability.

The rupee opened lower at 89.9525 per US dollar as against its last closing price of 89.87. The currency moved in a narrow range before settling 0.1% down at 89.97.

In the final trading session of 2025 on Wednesday, the rupee had closed at 89.88 against the US dollar.

Thursday's price movement mirrors the broader trend ...