Why did the Indian rupee depreciate on February 11, 2026?

The Indian rupee depreciated by 14 paise to close at 90.70 against the US dollar due to dollar demand from importers and ongoing geopolitical tensions.

What was the performance of Indian stock markets on February 11, 2026?

Indian stock markets closed on a muted note, with the BSE Sensex slipping 40.28 points to 84,233.64 and the NSE Nifty index gaining 18.70 points to close at 25,953.85.

What factors influenced the Indian rupee's trading on February 11, 2026?

The Indian rupee was influenced by importer demand for dollars, geopolitical tensions, higher oil prices, and potential support from Foreign Portfolio Investor inflows.

Home / Business and Economy / Rupee Tumbles: Dollar Demand, Geopolitics Hurt INR

Rupee Tumbles: Dollar Demand, Geopolitics Hurt INR

11 Feb

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Summary

Indian rupee declined 14 paise to close at 90.70 against the US dollar.
Dollar demand from importers and geopolitical tensions impacted the rupee.
Local shares ended muted, with Sensex slipping and Nifty seeing minor gains.

Rupee Tumbles: Dollar Demand, Geopolitics Hurt INR

As of February 11, 2026, the Indian rupee experienced a depreciation of 14 paise, closing the trading session at 90.70 against the US dollar. This decline was primarily driven by increased dollar demand from importers and prevailing geopolitical tensions.

Local equity markets mirrored this cautious sentiment, closing on a muted note. The benchmark BSE Sensex registered a slight decrease of 40.28 points, settling at 84,233.64. Conversely, the broader NSE Nifty index saw a marginal uptick of 18.70 points, ending the day at 25,953.85.

The market's performance was influenced by mixed signals from global markets and profit-taking following recent gains. Heightened oil prices also contributed to investor apprehension, particularly ahead of anticipated diplomatic discussions concerning Iran's uranium enrichment program.