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Rupee Quote: 02 September 2026
Authored By Prime Research | Published at: Sep 2, 2026 03:56 PM IST
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The Indian rupee caught its breath after gaining for three-day rally, finding ground thanks to expected central bank intervention. Even in the face of a strong US dollar, risk aversion moods, widening current account deficit and stubborn crude oil prices, the rupee held its own as a steady, middle-of-the-pack player in Asian currencies. We expect the spot USDINR pair to lock into a tight trading zone between 94.70 and 95.30 in the near term.
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