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Rupee Quote: 11 June 2026

Authored By Prime Research | Published at: Jun 11, 2026 05:48 PM IST

Rupee Quote: 11 June 2026

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After two days of gains, the Indian Rupee depreciated due to fresh dollar demand driven by forward maturities and a recovery in the dollar index amid safe-haven flows. The USDINR pair has faced stiff resistance at 95.80 over the last few days. Technically, a decisive breach above 95.80 could trigger sharp short-covering and aggressive hedging, paving the way toward 96.50. On the downside, 94.70 continues to act as a strong base.
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
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