The Indian rupee today, February 9, 2026, traded with a firmer tone as renewed foreign capital inflows and improved global sentiment supported the domestic currency. The rupee strengthened against the US dollar in early trade, reflecting growing investor confidence in India’s economic outlook amid stabilising global financial conditions.
Currency traders said sustained foreign portfolio investments and a positive equity market trend played a key role in supporting the rupee at the start of the week.
Indian Rupee Today: What’s Driving the Strength
The uptick in the Indian rupee today is largely attributed to renewed foreign institutional investor (FII) inflows into Indian equities and debt markets. Strong buying interest in domestic stocks, combined with optimism around global growth, has improved demand for the local currency.
Market participants also pointed to easing pressure on emerging market currencies as global investors reassessed risk following recent stability in major economies.
Foreign Capital Flows Support Indian Rupee Today
According to forex dealers, sustained foreign inflows have provided critical support to the Indian rupee today. India’s relatively strong macroeconomic fundamentals, stable interest rate environment, and robust growth prospects continue to attract overseas investors.
Traders noted that continued FII participation could help the rupee maintain its current range in the near term, provided global volatility remains contained.
Dollar Movement and Global Cues
Global factors played an important role in shaping the Indian rupee today. The US dollar index traded in a narrow range, offering relief to emerging market currencies, including the rupee.
Commodity prices, particularly crude oil, remained largely stable, reducing pressure on India’s import bill and supporting the currency outlook.
Live foreign exchange rates and currency market data are published by the Reserve Bank of India on its official platform.
RBI’s Role in Managing Rupee Volatility
Market participants believe the Reserve Bank of India continues to closely monitor currency movements to prevent excessive volatility. While no direct intervention was reported, traders said the central bank’s presence remains a stabilising factor.
Analysts expect the RBI to maintain a balanced approach, allowing market-driven movements while stepping in if sharp fluctuations occur.
Impact on Trade and Inflation
A stronger rupee helps reduce import costs, particularly for commodities such as crude oil and industrial inputs. Economists say a stable currency environment supports inflation control and provides comfort to policymakers.
However, exporters remain cautious, as excessive rupee appreciation could impact export competitiveness. Experts stress the importance of gradual, orderly currency movement.
Expert View on Indian Rupee Today
Currency analysts say the Indian rupee today reflects a favourable near-term outlook, supported by capital inflows and stable macro conditions.
“As long as foreign inflows remain steady and global cues are supportive, the rupee is likely to trade with a positive bias,” said a senior forex strategist.
Experts caution that global developments, including interest rate signals from major central banks, will continue to influence currency movements.
What to Watch Next
Market participants will closely track foreign investment data, global currency trends, and crude oil prices in the coming sessions. Any sharp shifts in risk sentiment or global monetary policy expectations could impact the Indian rupee today.
For now, traders expect the rupee to trade within a stable range, supported by improving investor confidence.
Related: RBI Policy Decision 2026: Why India Kept Interest Rates Unchanged Today
Related: Digital Rupee India: RBI’s Bold Move Reshaping the Nation’s Financial Future
