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Rupee Quote: 05 November 2026
Authored By Prime Research | Published at: Nov 5, 2026 03:43 PM IST
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The Indian rupee extended its northbound journey for the fifth consecutive session, supported by a declining US dollar and lower Treasury yields. Risk-on sentiment, driven by foreign fund inflows and softer crude oil prices, further underpinned the domestic currency. Spot USD/INR retraced to its October lows, triggering some bargain buying in today’s session. In the near term, the pair faces psychological support at 94.00, with resistance pegged at 94.90.
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