Rupee rises 6 paise to 90.85 against U.S. dollar in early trade

Rupee gains 6 paise to 90.85 against the U.S. dollar, supported by equity market positivity and FII inflows.

The rupee rose 6 paise to 90.85 against the U.S. dollar in early trade on Thursday (February 26, 2026) on the back of a weaker greenback and FII inflows.

A positive start to the session at the domestic equity markets lent further support to the local unit while a rise in global crude oil prices, coupled with geopolitical uncertainties, capped sharp gains, according to forex traders.

At the interbank foreign exchange, the rupee opened at 90.86 against the greenback before inching up to 90.85, higher by 6 paise from its previous close.

The rupee stayed range-bound and settled with a gain of 4 paise at 90.91 against the U.S. dollar on Wednesday (February 25, 2026).

"As the dollar index fell and Asian currencies gained today (Thursday) the rupee opened higher... A risk-on sentiment in the markets and RBI selling near 91.00 levels ensured yesterday (Wednesday) also that rupee is unable to cross 91.00 levels with FPIs being buyers of equity and sellers of dollars," 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 0.13% down at 97.57.