Indian Rupee Opens Slightly Higher; RBI Reports Key Liquidity Data

The Indian rupee began Monday’s session on a firmer note, reflecting stable demand for the currency amid global volatility. At the same time, the Reserve Bank of India (RBI) released key liquidity data, highlighting the state of cash balances and short-term borrowing activity in the banking system.

Key Highlights

• Rupee Opening: 90.62 per dollar, up 0.02% from the previous close of 90.6350.
• Banks’ Cash Balances: ₹7.25 trillion as of February 13, 2026.
• Government Surplus Cash Balance: Nil with RBI for auction on February 13.
• Refinance Operations: ₹69.94 billion conducted by RBI.
• Marginal Standing Facility (MSF): Banks borrowed ₹260 million on February 13.
• Market Outlook: Analysts expect the rupee to remain range-bound, with RBI liquidity management and global dollar strength as key drivers.

The data underscores RBI’s active role in balancing liquidity while maintaining currency stability. Traders are closely monitoring upcoming policy cues and global market trends for further direction.

Sources: Reuters, RBI Data Release.