Rupee Gains 26 Paise Against Dollar, Trades at 90.46 Amid Muted Dollar

• The rupee opened 26 paise higher at 90.46 against the dollar on February 12.
• This gain occurred despite positive US jobs data reducing chances of an immediate US Federal Reserve rate cut.
• The US added 130,000 jobs, significantly exceeding the 70,000 forecast, impacting rate cut expectations.
• The dollar index rose to near 97 levels before marginally pulling back to 96.79.
• Traders expect the rupee to trade between 90.40 and 90.95, with focus on inflows and upcoming US CPI data.