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A woman is counting Indian currency notes and coins after taking them out of a money box in Tehatta, West Bengal, India, on January 3, 2026. The Indian rupee is falling below 90 per dollar, marking its second weekly decline due to strong year-end dollar demand. It is facing its largest annual drop in three years, influenced by equity outflows and the lack of a U.S. trade deal, which is limiting recovery amid a broader Asian market rally.
A woman is counting Indian currency notes and coins after taking them out of a money box in Tehatta, West Bengal, India, on January 3, 2026. The Indian rupee is falling below 90 per dollar, marking its second weekly decline due to strong year-end dollar demand. It is facing its largest annual drop in three years, influenced by equity outflows and the lack of a U.S. trade deal, which is limiting recovery amid a broader Asian market rally.
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