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$IN’s bounce may have already spent its fuel
The rupee’s relief rally is fading as Brent holds near $97, dollar demand returns, and the RBI’s late-March squeeze gets fully digested. If foreign outflows stay sticky, liquidity can keep gravitating toward USD/INR 93.00-93.50, with the next real tell coming from oil and whether the central bank steps back in.
Not financial advice. Manage your risk and protect your capital.
#ForexInsights #MacroMarkets #USDINR #OilPrices #RB
Stay sharp ✦
The rupee’s relief rally is fading as Brent holds near $97, dollar demand returns, and the RBI’s late-March squeeze gets fully digested. If foreign outflows stay sticky, liquidity can keep gravitating toward USD/INR 93.00-93.50, with the next real tell coming from oil and whether the central bank steps back in.
Not financial advice. Manage your risk and protect your capital.
#ForexInsights #MacroMarkets #USDINR #OilPrices #RB
Stay sharp ✦
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