Rupee Opens Steady Supported by Inflows
The Indian rupee is expected to open in a narrow range supported by strong capital inflows. Traders are closely monitoring oil prices and potential central bank intervention while awaiting key US events.
Xurve View
Insights:
Xurve View
The India rupee is poised for a quiet open in the 95.65-95.70 range on Monday morning, buoyed by robust capital inflows. Traders are monitoring central bank interventions and energy markets as regional currencies hold steady. Capital inflows are expected to offset pressures from geopolitical tensions and supply disruptions in the Middle East.
