Rupee Slips After Inflation Surprise; USDINR Holds in a Narrow Range
By HDFC SKY | Updated at: Feb 16, 2026 05:02 PM IST
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The Indian rupee bucked the broader regional trend of gains in Asian currencies and equities, settling slightly lower after an upside surprise in inflation numbers. Market participants are pivoting their focus to trade balance data for further catalysts in the absence of the global cues.
The USDINR pair maintains its recent sideways trend, pinned between technical support at 90.40 and resistance at 90.90.
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