Rupee rises 11 paise to 90.23 against U.S. dollar
The Hindu
Rupee rises 11 paise to 90.23 against the dollar amid cautious trading influenced by FII outflows and rising crude prices.
The rupee rose 11 paise to 90.23 against the U.S. dollar in early trade on Friday (February 6, 2026) on positive investor sentiments as traders keenly awaited the RBI's MPC announcement.
However, FII outflows, rise in crude oil prices, and a marginally stronger greenback capped sharper gains in the local unit, according to forex traders.
At the interbank foreign exchange, the rupee opened at 90.28 against the greenback before rising to 90.23, up 11 paise from its previous close.
On Thursday (February 5), the rupee appreciated 13 paise to close at 90.34 against the U.S. dollar.
"The Reserve Bank of India will announce its monetary policy today... and the tone of the language will be of interest to traders for future guidance," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04% higher at 97.85.
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