Rupee Dips 6 Paise to 90.62 Against US Dollar Amid Geopolitical Tensions

N
News18•11-02-2026, 10:00
Rupee Dips 6 Paise to 90.62 Against US Dollar Amid Geopolitical Tensions
- •The rupee depreciated 6 paise to 90.62 against the US dollar in early trade on Wednesday.
- •Geopolitical tensions and increased dollar demand from importers weighed on investor sentiments.
- •The rupee opened at 90.56 and touched 90.62, losing 6 paise from its previous close.
- •Concerns emerged after the White House fact sheet on the India-US trade deal highlighted tariff reductions on US agricultural products, a sensitive area for India.
- •Experts predict the 90.00–90.20 zone as strong support for the rupee, with 91.00–91.20 as the next potential upside.
✦
More like this
Loading more articles...