Indian rupee set to open higher on oil dip

The Indian rupee is expected to open slightly stronger as lower crude oil prices and capital inflows bolster sentiment. Importer hedging and upcoming central bank policy decisions are expected to cap further gains.

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A cashier holds Indian currency notes at a fuel station in Ahmedabad, India, May 20, 2026. REUTERS/Amit Dave

The India rupee is set to open firmer on Tuesday morning as Brent Crude Oil trades near $100 per barrel alongside softer United States Treasury yields.

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