Indian Rupee Weakens by 17 Paise, Closes at 91.08 Against US Dollar

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Rupee Dips 17 Paise to 91.08 Against US Dollar Amid Fund Outflow, Oil Price Surge

Representational image (Image: News18)

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News18•27-02-2026, 21:00

Rupee Dips 17 Paise to 91.08 Against US Dollar Amid Fund Outflow, Oil Price Surge

•The rupee declined by 17 paise, settling at 91.08 against the US dollar on Friday.
•Massive outflow of foreign funds and a sharp rise in global crude oil prices contributed to the rupee's fall.
•Negative sentiment in domestic equity markets further pressured the local unit.
•Foreign institutional investors offloaded equities worth Rs 7,536.36 crore.
•India's economic growth estimate was raised to 7.6% for the current fiscal, while forex reserves dropped by USD 2.119 billion.

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