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.

The Indian rupee is nearing a record low against the dollar this week. Elevated oil prices and geopolitical tensions are increasing pressure on the currency. Foreign currency…

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.

The Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions boosted the rupee's momentum. A weaker US…