LowNeutral
Announced Fri, 10 Jul · 06:04 IST

Rupee edges up as oil prices dip

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The rupee closed at 95.39 per dollar, gaining 16 paise from its previous close of 95.55, supported by a dip in crude oil prices. The currency traded in the 95.27-95.58 range during the session, with the RBI likely intervening through state-run lenders in both offshore and onshore markets. Traders are eyeing the 95.10-95.20 support zone, with a break above 95.70 potentially reopening the path towards 96.00.