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Rupee's Six-Day Rally Boosts Indian Crypto Buyers with Cheaper Purchases

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The Indian rupee has been strengthening for six consecutive sessions, reaching ₹95.35 against the US dollar on Friday.

This rally is attributed to sustained RBI dollar selling combined with a shift in foreign portfolio investor behavior.

Foreign investors have been buying Indian equities, with ₹7,360 crore worth of shares purchased over the past three days.

Analysts expect the rupee to trade between ₹95 and ₹95.60 near term, but renewed US-Iran tensions could cap this upside.

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