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Rupee Quote: 09 November 2026
Authored By Prime Research | Published at: Nov 9, 2026 03:46 PM IST
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The Indian rupee registered a technical retracement, snapping a five-day winning streak amid state-run bank dollar buying ahead of a market holiday. The intraday correction followed morning gains catalysed by a soft dollar index, resilient foreign institutional inflows, and weaker crude oil pricing.
Market participants are now closely monitoring Tuesday’s upcoming U.S. inflation data for fresh directional cues. In the near term, spot USDINR finds key support at 93.50 and resistance at 94.30.
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