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fxJun 26, 2026, 11:08 AM

Indian Rupee Expected to Open Higher on Monday as US Dollar Corrects

The Indian Rupee is poised to strengthen against the US Dollar at the start of the week, driven by a correction in the greenback. Indian markets were closed on Friday for the Muharram holiday.

USDINR

The Indian Rupee (INR) is set to open higher against the US Dollar (USD) on Monday, following a correction in the American currency. On Friday, Indian forex markets were closed for the Muharram holiday, so the opening rate will reflect the latest global forex movements.

The USD has weakened across the board, providing support for emerging-market currencies like the INR. The move aligns with broader dollar weakness, though no specific catalysts were cited in the report.

Source: FXStreet Forex News