Rupee Dips 36 Paise to 90.70 Against US Dollar Amid Geopolitical Tensions

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News18•06-02-2026, 16:00
Rupee Dips 36 Paise to 90.70 Against US Dollar Amid Geopolitical Tensions
- •The rupee settled at 90.70 against the US dollar, declining 36 paise on Friday.
- •Geopolitical uncertainty from US-Iran talks and rising global crude oil prices weighed on the rupee.
- •Initial gains from the RBI's unchanged lending rates were offset by sustained foreign fund outflows.
- •The rupee opened at 90.28 and traded between 90.18 and 90.83 during the session.
- •Foreign Institutional Investors (FIIs) were net sellers, offloading equities worth Rs 2,150.51 crore.
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