# Rupee edges up as local factors eat into US tariff ruling-driven gains | MarketScreener

> The rupee edged up 0.1% to 90.8825 per dollar after opening stronger on the US Supreme Court's ruling against emergency tariffs. Importer hedging and about $7 billion of NDF contracts maturing that week reversed most of the early gain.

- Date: 2026-02-23 · published 2026-02-23T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/20878-rupee-edges-up-as-local-factors-eat-into-us-tariff-ruling-driven-gains
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Maturing RBI-linked NDF contracts can force dollar buying, which weighs on the rupee and raises India's import costs for feed ingredients.

## Read by commodity

- USDINR: neutral

## Sources

- marketscreener.com: https://www.marketscreener.com/news/indian-rupee-set-to-rise-after-us-court-scraps-trump-tariffs-new-15-duty-tempers-relief-ce7e5dd2dd89ff27

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.