The Indian rupee opened at 90.6450 per US dollar on February 18, 2026, showing minimal change from its previous close of 90.6725. Market sentiment remains cautious as traders monitor global cues, oil prices, and US Federal Reserve signals. Stability reflects balanced demand-supply dynamics in currency markets.
Key Highlights:
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The Indian rupee (INR=IN) opened at 90.6450 per US dollar, nearly unchanged from its last close of 90.6725.
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Currency traders note this as a steady start, reflecting balanced inflows and outflows in the foreign exchange market.
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Analysts suggest the rupee’s stability is influenced by global oil price trends, US dollar strength, and Federal Reserve policy expectations.
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Market participants are closely watching foreign institutional investment flows and importer demand, which could tilt the rupee’s trajectory in the coming sessions.
Contextual Insight:
The rupee’s flat opening underscores India’s resilient currency market, where external pressures are being offset by domestic stability. While the US dollar remains firm globally, India’s forex reserves and central bank interventions continue to provide a cushion against volatility.
Investor Angle:
For businesses and investors, the rupee’s steadiness offers short-term predictability. However, upcoming global economic data releases and oil price fluctuations may introduce fresh volatility. Exporters and importers are advised to remain vigilant in hedging strategies.
Sources: Reuters, Bloomberg FX Desk