New Delhi, Jan. 1 -- The Indian rupee started the new year on a negative note, as the currency depreciated 11 paise to 89.99 against the US dollar in early 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.

In the interbank foreign exchange market, the rupee opened at 89.94 per US dollar, and weakened during the session to touch 89.99.

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 observed t...