Rupee Weakens as Dollar Demand Rises

Authored By Prime Research | Last Modified: Feb 9, 2026 04:27 PM IST

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The Indian rupee’s early gains have hit a roadblock as a sharp rebound in precious metal prices stoked higher dollar demand from importers. Despite a recent recovery in global risk appetite following the Indo-US trade deal, the currency remains sensitive to persistent capital outflows, as foreign portfolio investors continue to recalibrate their Indian exposure.

The bias for the USDINR pair remains bullish until it breaks the 90 odd levels while get resistance at 91.10.

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