neutral
Recently
Rupee stabilises after volatile stretch as FII inflows provide near term balancing cushion
This rupee stabilisation reflects tactical support from FII inflow but macro directional conviction remains uncertain until stronger global rate signals emerge.
The rupee settled near 87.60 against the US dollar following a volatile intraday sequence, while foreign institutional investors bought roughly ₹3,000 crore of equities in Indian markets. This capital inflow acted as short term stabilising balance against external uncertainty, according to currency strategists. Analysts believe near term direction will remain data dependent until global rate signals converge into more deterministic expectation guidance. For traders this stabilisation print suggests temporary compression of swing amplitude though directional conviction remains unresolved given noisy cross asset flows visible into Asia EM corridors.