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fxAug 4, 2026, 5:48 AM

Indian Rupee Flat Ahead of RBI Policy Decision

The Indian rupee traded unchanged near 95.33 per US dollar on Tuesday as investors awaited the Reserve Bank of India's monetary policy announcement.

USDINR

The Indian rupee opened flat around 95.33 against the US dollar in early Tuesday trading. Market participants are holding positions ahead of the Reserve Bank of India’s upcoming monetary policy decision.

The currency is expected to remain range-bound until the central bank provides clarity on its interest rate stance. With no major domestic data releases, all attention is on the RBI's commentary and any potential shift in policy direction.

The pair shows little momentum, reflecting cautious positioning by traders. A definitive breakout may follow the policy announcement.

Source: FXStreet Forex News