The Indian rupee struggled for direction on Wednesday, as comfort from a broadly weaker dollar and modest inflows proved transient in the face of strong demand for the greenback from state-run banks and weakness in the Chinese yuan.

Indian Rupee strengthened against the US dollar in early trade on Wednesday, supported by positive macroeconomic data and gains in domestic equities. However, rising crude oil prices may impact the rupee's appreciation.

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The Indian rupee is expected to appreciate past the 85 mark against the U.S. dollar at the open on Tuesday, supported by the India-Pakistan truce and a rally in the Chinese yuan on the back of the U.S.

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) on Monday. On a day-on-day (DoD) basis, the interbank rate stayed at 281-282/$ most of

The Indian rupee strengthened against the US dollar in early trade on Tuesday, driven by easing tensions between India and Pakistan, the US-China trade deal and continued foreign investor interest.

The Reserve Bank of India likely intervened via state-run banks to support the rupee on Friday as the intensifying conflict between India and Pakistan pressured the South Asian currency, four traders told Reuters.

Foreign institutional investors (FIIs) remained net sellers, dumping equities worth Rs 476.86 crore on Tuesday, exchange data showed. The dollar index was marginally softer at 100.95, lending modest support to emerging‑market currencies.