Rupee Quote: 03 July 2026

Authored By PTI | Published at: Jul 3, 2026 03:59 PM IST

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India’s rupee strengthened alongside regional peers after weaker-than-expected U.S. Jobs data eased concerns about a near-term Fed rate hike, with swaps now pricing just an 18% chance of a move at the next meeting, down from about a third earlier in the week.

For spot USDINR, near-term resistance is seen at 95.80 and support at 94.95, while the pair remains biased to the upside unless 94.10 is broken.

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