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    INR Market Update

    31 Jul 2026 • 00:32 GMT

    INR/USD 0.010451

    The Indian Rupee remains stable against the US dollar near its three-month average, maintaining a narrow trading range. Despite some upward pressure from higher oil prices and foreign fund outflows, the INR’s recent performance reflects cautious sentiment amid geopolitical tensions and external factors, with recent forecasts leaning toward a potential weakening in the near term.

    Forecast snapshot

    Quick INR/USD forecast

    Near-term bias🔴 Mild downside
    Expected range0.0100 – 0.0110
    Dominant driver🌍 Global risk sentiment
     

     
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