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Rupee Quote: 05 October 2026

Authored By Prime Research | Published at: Oct 5, 2026 03:18 PM IST

Rupee Quote: 05 October 2026

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After shedding half a percent last week, the Indian rupee steadied as easing supply concerns pulled crude oil prices lower. Improving risk-on sentiment provided an additional cushion for the local currency, though all eyes will now be on the RBI’s monetary policy decision and foreign capital flows. Looking ahead, spot USD INR is expected to consolidate between 95.95 and 96.50 in the near term, with a bias toward further gains.
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