Rupee closes unchanged at 90.66 against U.S. dollar
The Hindu
Rupee remains steady at 90.66 against the U.S. dollar amid mixed market influences and cautious trading.
The rupee settled flat at 90.66 (provisional) against the U.S. dollar in a range-bound trade on Monday (February 16, 2026), as positive momentum in domestic equities was offset by a strong US dollar in the overseas market.
According to forex traders, lower crude oil prices supported the local unit, while foreign fund outflows limited its movement.
In the interbank foreign exchange market, the rupee opened at 90.63 against the U.S. dollar and moved between an intraday high of 90.61 and a low of 90.72 during the session.
The domestic unit closed the session at its previous closing level of 90.66 (provisional) against the greenback.
On Friday, the rupee depreciated 5 paise to settle at 90.66 against the U.S. dollar.
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said that the rupee traded largely flat as market participants remained cautious, while recovery in the secondary market after a weak opening helped stabilise the currency.
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