Indian rupee ends flat as central bank intervention offsets equity weakness

The rupee ended flat on Friday as central bank support offset weak local stocks. Traders now look to upcoming US inflation data for further market direction.

Insights:
The Indian rupee ended the trading session on Feb. 13, 2026, nearly flat at 90.6350 per dollar. The currency faced downward pressure from weak local stocks and elevated demand within the interbank dollar market , but these factors were largely offset by likely intervention from India's central bank . This combination of market forces left the currency with a modest depreciation bias rather than a sharp decline.
A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh
A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh
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