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The Economic Times

Business / The Economic Times

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Indian rupee pinched by foreign banks' dollar bids; softer dollar cushions

The Indian rupee weakened against the dollar, closing down 0.1% at 90.70 due to increased dollar bids from foreign banks. Despite a quiet trading session and mixed corporate interest, overseas demand for dollars pressured the currency. The rupee lagged behind other Asian currencies, which benefited from a broadly weaker dollar.

11 Feb 2026 5:36 pm