Indian Rupee Closes Lower at 90.74 Against US Dollar
The Indian rupee experienced a decline in value on Monday, February 9, 2026, closing at 90.74 against the US dollar. This represents a depreciation of 9 paise from its previous closing level, reflecting ongoing pressures in the foreign exchange market.
High Volatility Marks Trading Session
Forex traders reported that the rupee's trading session was characterized by significant volatility throughout the day. The currency witnessed sharp fluctuations as competing forces influenced its movement against the greenback.
Supportive factors included positive performance in domestic equity markets and continued inflows from foreign institutional investors. These elements typically provide strength to the rupee by increasing demand for Indian assets.
Risk-Off Sentiment Offsets Positive Factors
However, the beneficial impact of these factors was largely negated by prevailing risk-off sentiment among global investors. This cautious approach often leads to increased demand for safe-haven currencies like the US dollar, putting downward pressure on emerging market currencies including the Indian rupee.
The interplay between these opposing forces created the volatile trading environment that ultimately resulted in the rupee's modest decline against the dollar.
Market Context and Implications
The rupee's movement occurs within the broader context of global currency markets and domestic economic indicators. Currency analysts monitor several key factors that influence rupee-dollar exchange rates:
- Domestic stock market performance
- Foreign portfolio investment flows
- Global risk appetite among investors
- Central bank policies and interventions
- International crude oil prices
While a 9-paise movement represents a relatively modest change, it reflects the ongoing balancing act between positive domestic factors and global market sentiment that characterizes currency trading.
The rupee's closing level of 90.74 against the dollar provides an important benchmark for importers, exporters, and investors who must account for currency fluctuations in their financial planning and decision-making processes.
