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Rupee Quote: 02 November 2026
Authored By Prime Research | Published at: Nov 2, 2026 04:15 PM IST
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The Indian rupee appreciated, supported by lower crude oil prices and positive risk-on market sentiment. A softer greenback ahead of the U.S. midterm elections also provided a tailwind for the domestic currency. However, persistent geopolitical worries encouraged bargain buyers to step in at lower levels.
In the near term, spot USD/INR finds immediate support at 94.70, with resistance capped around 95.80.
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