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The rupee witnessed a volatile trading league and settled for the time connected a little note, down 9 paise astatine 90.74 (provisional) against the U.S. dollar connected Monday (February 9, 2026), arsenic traders assessed the details of the India-U.S. interim commercialized framework.
Forex traders said the rupee witnessed precocious volatility arsenic the enactment from affirmative home equities and overseas money inflows was negated by risk-off sentiments among investors.
At the interbank overseas speech market, the rupee opened astatine 90.66 against the U.S. dollar, past gained immoderate crushed to interaction 90.37, registering a summation of 28 paise implicit its erstwhile close.
It, however, erased the gains and touched an intra-day debased 90.77.
At the extremity of Monday’s (February 9, 2026) trading session, the rupee was quoted astatine 90.74 (provisional), down 9 paise from its erstwhile close.
On Friday (February 6, 2026), the rupee declined 31 paise to settee astatine 90.65 against the U.S. dollar.
India and the U.S. connected Saturday (February 7, 2026) announced that they person reached a model for an interim commercialized statement nether which some sides volition trim import duties connected a fig of goods to boost two-way trade.
While the U.S. volition trim tariffs connected Indian goods to 18% from the contiguous 50%, India volition destruct oregon chopped down import duties connected each U.S. concern goods and a wide scope of American nutrient and cultivation products, including dried distillers' grains, reddish sorghum for carnal feed, histrion nuts, caller and processed fruit, soybean oil, vino and spirits.
According to a associated connection issued by some sides, India has expressed its volition to acquisition $500 cardinal of U.S. vigor products, craft and craft parts, precious metals, exertion products and coking ember implicit the adjacent 5 years.
Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading 0.05% little astatine 97.58.
Brent crude, the planetary lipid benchmark, was trading 1.04% little astatine $67.34 per tube successful futures trade.
On the home equity marketplace front, Sensex jumped 485.35 points to settee astatine 84,065.75, portion the Nifty precocious 173.60 points to 25,867.30.
Foreign Institutional Investors purchased equities worthy ₹1,950.77 crore connected Friday (February 6, 2026), according to speech data.
Meanwhile, India's forex reserves jumped by different $14.361 cardinal to a caller all-time precocious of $723.774 cardinal during the week ended January 30, the Reserve Bank said connected Friday (February 6, 2026).
In the erstwhile reporting week, the forex kitty had accrued by $8.053 cardinal to $709.413 billion, surging past the earlier all-time precocious of $704.89 cardinal recorded successful September 2024.
