Indian rupee remains in tight range as central bank protects 91 level
The rupee remains stable today as the RBI defends the 91 level against outflows. Meanwhile, Asian markets recover while hawkish Fed remarks impact sentiment.
Insights:
The Reserve Bank of India 
IN intervened in the foreign exchange market on February 25, 2026, to defend the Indian rupee against significant depreciation. By absorbing sizeable dollar outflows, the central bank successfully kept the currency confined to a narrow trading range, preventing it from weakening past the critical 91-per-dollar level. This policy-driven action was designed to blunt outflow-led pressure and stabilize immediate currency market dynamics during a period of heightened volatility.
IN intervened in the foreign exchange market on February 25, 2026, to defend the Indian rupee against significant depreciation. By absorbing sizeable dollar outflows, the central bank successfully kept the currency confined to a narrow trading range, preventing it from weakening past the critical 91-per-dollar level. This policy-driven action was designed to blunt outflow-led pressure and stabilize immediate currency market dynamics during a period of heightened volatility.
