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Rupee Dips 1 Paisa to 90.96 Against US Dollar Amid Oil Prices, Fund Outflows
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Rupee Dips 1 Paisa to 90.96 Against US Dollar Amid Oil Prices, Fund Outflows
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News18
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25-02-2026, 16:15
Rupee Dips 1 Paisa to 90.96 Against US Dollar Amid Oil Prices, Fund Outflows
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The rupee settled 1 paisa lower at 90.96 (provisional) against the US dollar on Wednesday.
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Higher global crude oil prices and foreign fund outflows contributed to the rupee's dip.
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A weaker greenback and positive domestic equity markets helped prevent further losses.
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Geopolitical tensions between the US and Iran, along with trade tariff uncertainty, may keep the rupee under pressure.
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Forex traders expect the USD-INR spot price to trade between Rs 90.70 and Rs 91.20.
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