Rupee Quote 22 May 2026
By Prime Research | Last Modified: May 22, 2026 04:37 PM IST
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The Indian rupee maintained its upward momentum for the second straight day, effectively reversing the losses sustained at the start of the week. This turnaround is largely attributed to the Reserve Bank of India’s active market intervention post the announcement of its USDINR Buy-Sell swap, alongside a reprieve in imported commodity prices as geopolitical risks eases.
Technically, spot USDINR faces resistance at 96.20 and support at 95.40.
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