Rupee Slides for Fifth Session Amid Dollar Strength and Geopolitical Risks

Authored By HDFC SKY | Last Modified: Feb 20, 2026 05:05 PM IST

Open Free Demat Account

The Indian rupee extended its losing streak for a fifth consecutive session, emerging as a laggard among its Asian peers. With domestic forex markets closed on Thursday, the rupee played catch-up, reacting to a resurgent US dollar and mounting geopolitical tensions. The local unit remains under pressure due to sustained capital outflows and robust dollar demand from importers.

Technically, the USDINR spot has staged an upside breakout after a two-week consolidation phase between 90.40 and 90.80. Immediate support for the pair is now seen at 90.80, while resistance is pegged at 91.10 and 91.40.

Disclaimer

At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations

Disclaimer

The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.

Markets