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The rupee traded successful a constrictive scope connected Tuesday (February 24, 2026) and settled 6 paise little astatine 90.95 (provisional) against the U.S. dollar amid a steadfast greenback and higher crude lipid prices.
A crisp autumn successful home equity markets and uncertainties implicit the India-U.S. commercialized woody further pressured the section unit, portion overseas money inflows lent immoderate support, forex traders said.
At the interbank overseas exchange, the rupee opened astatine 90.91 and traded successful a constrictive scope of 90.91-90.97 owed to imaginable involution by the Reserve Bank of India (RBI). It ended the league astatine 90.95 (provisional), down 6 paise from its erstwhile close. The rupee gained 5 paise to settee astatine 90.89 against the U.S. dollar connected Monday (February23, 2026).
"The rupee declined connected anemic home markets and a surge successful crude lipid prices, uncertainty implicit tariffs aft U.S. President Donald Trump threatened to enforce higher duties connected countries not honouring the commercialized woody contempt the Supreme Court ruling," Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan, said.
However, the RBI whitethorn person sold dollars to forestall the rupee from falling beneath the intelligence obstruction of 91 levels, helium said, adding that the rupee spot terms is expected to commercialized successful a scope of ₹90.75 to ₹91.20 connected Wednesday (February 25).
Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading 0.16% higher astatine 97.86.
Brent crude, the planetary lipid benchmark, roseate 0.27% to $71.68 per tube successful futures trade. On the home equity marketplace front, Sensex tumbled 1,068.74 points to settee astatine 82,225.92, portion Nifty fell 288.35 points to 25,424.65. On Monday (February 23), overseas organization investors purchased equities worthy ₹3,483.70 crore, according to speech data.
