The Indian rupee may strengthen to ₹95/$ if Brent crude remains below $100 per barrel and sustained foreign inflows bolster the currency, says Kotak Securities.
Brent crude should remain below $100 per barrel for this scenario
Jul 27, 2026
01:00 pm
What's the storyThe Indian rupee could appreciate against the US dollar in the coming months, according to Anindya Banerjee, Head of Research-Currency, Commodity, and Interest Rate Derivatives at Kotak Securities.
He said if Brent crude remains below $100 per barrel and foreign inflows continue, the rupee could strengthen to 95/$ over the coming months.
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