As of February 27, 2026, the Indian Rupee (INR) is facing renewed pressure, with expectations that it may retest the 91-per-dollar mark. The INR closed at 90.9050 against the U.S. dollar, but market sentiment is cautious due to risk-off flows and modest dollar strength. According to recent reports, the one-month non-deliverable forward indicates that the rupee is likely to open in the 90.98-91.02 range. Traders have noted that sustained dollar demand linked to non-deliverable forward maturities and routine corporate flows has compounded the strain on the rupee. A currency trader mentioned, "Absent central bank intervention, the rupee may have already broken decisively beyond 91," highlighting the RBI's critical role in maintaining the currency's value amidst ongoing market pressures.
BUSINESS
Indian Rupee Faces Pressure Near 91 As Rbi Intervenes
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As of Feb 27, 2026, the Indian Rupee faces pressure nearing 91 per dollar amid cautious market sentiment, while the Pakistani Rupee gains on remittances, highlighting regional economic contrasts.
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