Friday, October 16, 2026

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USD/INR aiming for 62.00-20

Pair capped amid mixed interests around 62.40 pivot In line with fall in NDFs, post FOMC, pair opened lower at 62.38 Importers and short covering from interbank cap pair at 62.35 so far USD/INR outlook negative on upbeat…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair capped amid mixed interests around 62.40 pivot

  • In line with fall in NDFs, post FOMC, pair opened lower at 62.38

  • Importers and short covering from interbank cap pair at 62.35 so far

  • USD/INR outlook negative on upbeat economic outlook, inflows, targets 62.00-20 

 

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