Mumbai, February 6, 2026
Indian Rupee Gains Against US Dollar
The Indian rupee showed mild recovery against the US dollar on Thursday, gaining 2 paise in early trade after witnessing losses in the previous session. The movement comes amid cautious sentiment in the global currency markets and mixed cues from equities.
Forex traders said the rupee opened slightly stronger against the greenback, reflecting short-term stability after recent volatility.
📉 Rupee’s Previous Session Performance
On Wednesday, the rupee had weakened sharply:
Wednesday close: ₹90.43 per US dollar
Loss in previous session: 11 paise
The decline was attributed to dollar strength overseas and pressure from global market movements.
🌍 Factors Influencing Rupee Movement
Market participants said the rupee’s modest rise on Thursday could be linked to:
Slight easing in dollar demand
Stabilization in Asian currencies
Cautious optimism ahead of key global economic cues
However, analysts caution that currency markets may remain range-bound due to ongoing global uncertainties.
📊 Market Outlook
Experts believe the rupee is likely to trade with limited upside in the near term, tracking movements in global currencies, crude oil prices, and foreign fund flows. Traders are expected to remain watchful ahead of major macroeconomic updates.
