On July 27, the rupee appreciated sharply by 54 paise to close at 95.99 against the U.S. dollar, after rising 20 paise in the preceding session on July 24, 2026
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Analysts said suspected RBI intervention provided support to the local unit, while elevated crude oil prices and a stronger dollar weighed on it
Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains, forex traders said
Brent crude, the global oil benchmark, was trading lower by 4.97% at $82.99 per barrel in futures trade
