On February 9, 2026, the Indian rupee (INR=IN) weakened slightly, trading at 90.7625 per US dollar at 3:30 p.m. IST, compared to the previous close of 90.6550. The marginal decline reflects global currency market volatility, import-driven demand for dollars, and investor caution amid international economic uncertainties.
As of 3:30 p.m. IST on February 9, 2026, the rupee was down 0.1%, settling at 90.7625 per US dollar.
Previous Close:
The rupee had closed at 90.6550 in the prior session, marking a small but notable depreciation.
Market Drivers:
The dip is attributed to higher dollar demand from importers, global risk sentiment, and cautious investor positioning.
Global Context:
Currency markets remain volatile amid concerns over global growth, energy prices, and monetary policy shifts in advanced economies.
Domestic Impact:
A weaker rupee could raise import costs, particularly for crude oil and commodities, while potentially benefiting exporters.
Why It Matters
The rupee’s movement underscores India’s sensitivity to global currency trends and import pressures. Even minor fluctuations can impact trade balances, inflation, and corporate margins, making exchange rate monitoring crucial for businesses and policymakers.
Sources: Reuters, Economic Times, Business Standard