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At close · Thu, Jul 9, 2026
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Home›Forex›Major Pairs›Indian rupee strengthens against a softer US dollar

Indian rupee strengthens against a softer US dollar

FXStreet reports USD/INR slips to around 95.4, though the pair’s outlook remains bullish as renewed Middle East hostilities push oil higher.

Reported · Written up by our desk · Major Pairs

FXStreet reports the Indian rupee (INR) opened higher versus the US dollar (USD) on Thursday, with USD/INR dropping to near 95.4 as the dollar eased.

The outlet added that despite the move, the outlook for USD/INR remains bullish, citing renewed Middle East hostilities that have boosted oil prices.

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Sources

FXStreetIndian Rupee regains ground despite higher oil prices

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