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News1811-02-2026, 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.

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