Rupee rises 38 paise to 90.40 against U.S. dollar
The Hindu
The rupee rises 38 paise to 90.40 against the dollar, supported by foreign inflows and RBI's liquidity measures.
The rupee appreciated 38 paise to 90.40 against the U.S. dollar in early trade on Thursday (February 12, 2026), supported by foreign fund inflows and suspected RBI intervention.
Forex traders said foreign fund inflows, while not massive, provided a psychological anchor. Moreover, the RBI has been quietly ensuring that liquidity remains abundant in the banking system.
At the interbank foreign exchange market, the rupee opened at 90.55 against the U.S. dollar, then gained momentum and touched 90.40, registering a rise of 38 paise over its previous close.
In the initial trade, the rupee also touched 90.56 against the American currency.
On Wednesday, the rupee depreciated 22 paise to close at 90.78 against the US dollar on Wednesday.
"The RBI has been quietly ensuring that liquidity remains abundant in the banking system. With surplus liquidity hovering near Rs 3 trillion — the highest in six months — banks are flush with cash," CR Forex Advisors MD Amit Pabari said in a note.
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