Indian rupee slips as trade deal momentum fades and flows remain choppy
The rupee edged lower on Monday as trade deal momentum faded. Offsetting capital flows and lower U.S. yields kept the currency within a narrow range.
Insights:
As of 10:36 a.m. IST on Feb. 16, 2026, the Indian rupee dipped to 90.6925 per U.S. 
US dollar, as countervailing flows continued to keep the currency confined to a narrow trading band. These flows have prevented a sustained directional move in the market, leaving the currency in a state of relative consolidation.
US dollar, as countervailing flows continued to keep the currency confined to a narrow trading band. These flows have prevented a sustained directional move in the market, leaving the currency in a state of relative consolidation.
