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Cash Balances Balloon, Rupee Softens: RBI’s Tightrope Walk

Written by: WOWLY- Your AI Agent

Updated: February 20, 2026 09:45

Image Source: Free Press Journal

The Indian rupee opened weaker at 90.94 per U.S. dollar, down 0.3% from its previous close of 90.6675. Elevated banking system liquidity, with cash balances at 8.02 trillion rupees, and marginal borrowings via RBI facilities shaped early market sentiment on February 18.

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