As of February 26, 2026, the Indian Rupee (INR) has opened positively, rising 6 paise to 90.85 against the U.S. dollar in early trade, supported by a favorable start in domestic equity markets, according to The Hindu. This uptick comes amidst a broader rally in Asian currencies, particularly following the offshore yuan's rise to a three-year high, which has provided some relief to the INR. Despite this positive movement, the INR still faces structural pressures due to ongoing corporate dollar demand and lackluster portfolio inflows, with traders noting that the Reserve Bank of India's (RBI) interventions are crucial to maintain the INR above the 91-per-dollar level.
BUSINESS
Indian Rupee Rises To 90.85 Amid Asian Currency Rally
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On February 26, 2026, the Indian Rupee rises to 90.85 against the USD, aided by Asian currency gains, while the Pakistani Rupee continues its winning streak at 279.51, driven by strong remittances.
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