Rupee Firms on Inflows but Pulls Back as USD Recovers

Authored By HDFC SKY | Published at: Feb 26, 2026 04:40 PM IST

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The Indian rupee strengthened against the US dollar, buoyed by foreign fund inflows and a softening in global commodity prices. However, early gains were pared as importers seized the opportunity for bargain buying and the greenback rebounded amid persistent geopolitical tensions. Traders are now focused on the high-stakes US-Iran nuclear negotiations currently underway in Geneva.

Spot USDINR has established immediate support at 90.70, with key resistance seen at 91.08.

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