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Rupee Gains as Crude and Dollar Retreat; USDINR Support at 91.60

Authored By HDFC SKY | Last Modified: Mar 10, 2026 06:01 PM IST

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The Indian rupee appreciated today as crude oil prices and the US dollar retreated following comments from President Donald Trump signalling a potential end to the conflict with Iran. Domestic strength was further bolstered by government’s decision to liberalise FDI norms, a move aimed at stabilising rupee.
On the charts, spot USDINR has resistance at 92.36 and support at 91.60.
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Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

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