2 months ago
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The rupee fell 4 paise to 90.95 against the U.S. dollar successful aboriginal commercialized connected Friday (February 27, 2026), weighed down by FII outflows and a autumn successful the home equity markets successful greeting session.
However, a weaker greenback and a dip successful planetary crude lipid prices prevented sharper diminution successful the section unit, forex traders said.
At the interbank overseas exchange, the rupee opened astatine 90.91 against the U.S. dollar earlier slipping to 90.95, down 4 paise from its erstwhile close.
The rupee settled connected a level enactment astatine 90.91 against the U.S. dollar connected Thursday (February 26).
“Despite FPIs selling dollars determination was bully dollar buying yesterday (Thursday) which took the rupee from 90.80 to 90.91. Unlike astir Asian currencies the rupee has not been capable to marque the champion of falls successful the dollar scale portion gains spot the rupee falling,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback’s spot against a handbasket of six currencies, was trading 0.09% little astatine 97.70.
Brent crude, the planetary lipid benchmark, was down 0.07% to $70.70 per tube successful futures trade.
“The Brent lipid remained beneath $71 levels arsenic talks betwixt the U.S. and Iran progressed with immoderate concessions from some sides, taking it guardant though nary factual determination was arrived at,” Mr. Bhansali said.
On the domestic equity marketplace front, the Sensex dropped 364.62 points to 81,883.99 successful aboriginal trade, portion Nifty declined 117.15 points to 25,379.40.
On Thursday (February 26), overseas organization investors offloaded equities worthy ₹3,465.99 crore, according to speech data.
