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The rupee declined 8 paise to settee astatine 90.99 (provisional) against the U.S. dollar connected Friday (February 27, 2026) weighed down by a crisp emergence successful planetary crude lipid prices amid geopolitical uncertainties.
FII outflows and a autumn successful the home equity markets further pressured the section unit, according to forex traders.
At the interbank overseas exchange, the rupee opened astatine 90.91 and moved successful a constrictive scope of 90.91-91.06 earlier settling astatine 90.99 (provisional), down 8 paise from its erstwhile close.
The rupee settled connected a level enactment astatine 90.91 against the U.S. dollar connected Thursday (February 26, 2026).
"We expect the rupee to commercialized with a antagonistic bias connected anemic code successful the home equities and geopolitical risks betwixt the U.S. and Iran. USD-INR spot terms is expected to commercialized successful a scope of ₹90.70 to ₹91.20," Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan, said.
Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading 0.05% little astatine 97.74.
Brent crude, the planetary lipid benchmark, was up 1.64% to $71.91 per tube successful futures trade.
On the home equity marketplace front, the Sensex tumbled 961.42 points to settee astatine 81,287.19, portion the Nifty was down 317.90 points to 25,178.65.
On Thursday (February 26, 2026), overseas organization investors offloaded equities worthy ₹3,465.99 crore, according to speech data.
