Rupee falls 11 paise to 90.77 against U.S. dollar

The rupee dips 11 paise to 90.77 against the U.S. dollar amid cautious market sentiment following the India-U.S. trade framework.

The rupee depreciated 11 paise to 90.77 against the U.S. dollar in early trade on Tuesday (February 10, 2026) as the currency market continues to price in caution rather than celebration, following the India-U.S. interim trade framework.

Also Read | India-U.S. trade deal is a blow to India’s strategic autonomy

At the interbank foreign exchange market, the rupee opened at 90.63 against the U.S. dollar, then lost some ground to touch 90.77, registering a loss of 11 paise over its previous close.

On Monday (February 9), the rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the U.S. dollar.

Forex traders said at first glance, the India-U.S. framework looked constructive. It avoided immediate disruptions, set a roadmap for negotiations, and reassured exporters that nothing would break overnight. But as the market dug deeper, the optimism began to fade.

"The agreement places India under ongoing U.S. oversight, particularly around energy imports from Russia — a sensitive issue that leaves room for penalties to be reimposed at any time," CR Forex Advisors MD Amit Pabari said.