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News1806-02-2026, 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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