Rupee Holds Near 95.50 Ahead of Fed Speech

The Indian rupee is expected to open little changed near 95.50 per dollar. Steady importer demand and central bank intervention keep the currency anchored as markets await the Federal Reserve speech.

Insights:
A man counts Indian currency notes at a roadside currency exchange stall in the old quarters of Delhi, India, February 2, 2026. REUTERS/Anushree Fadnavis

The India rupee is poised to open little changed at 95.50 per U.S. dollar on Friday morning, anchored by central bank intervention and steady importer demand.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.