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Rupee Quote: 20 August 2026

Authored By Prime Research | Last Modified: Aug 20, 2026 04:22 PM IST

Rupee Quote: 20 August 2026
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Rupee Quote

The Indian Rupee snapped a three-day losing streak, rebounding sharply as a wave of selling dragged the U.S. Dollar to multi-month lows versus the major currencies. This dramatic reversal was sparked by a US Treasury intervention that pulled long-term bond yields lower, weakening the greenback and triggering a powerful rally across regional Asian currencies. Backed by these strong global tailwinds, the domestic currency looks poised for a period of consolidation. In the near term, spot USDINR pair has immediate support at 95.55 and key resistance at 96.10.
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