Rupee Quote: 14 July 2026

Authored By Prime Research | Published at: Jul 14, 2026 05:08 PM IST

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The Indian rupee underperformed against its Asian peers once again, tumbling to its weakest level in a month. Surging crude oil prices—driven by escalating geopolitical tensions—heavily weighed on the local currency. Additionally, rising global bond yields may dampen expected inflows into the FCNR(B) scheme, piling further pressure on the rupee. In the near term, spot USDINR is likely to head toward 96.50, with support shifting upward to 95.80.

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