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Forex

AUD/INR Buoys on RBI Intervention Amid Cautious Market Conditions

Guavy AI Editorial Team
Instruments
USD AUD
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The Australian dollar (AUD) against the Indian rupee (INR) is trading at ₹67.3162, posting a modest gain on the day.

The pair remains above its short and long-term moving averages, indicating ongoing positive momentum.

In recent news, the Reserve Bank of India intervened to stabilize the rupee at 95.2075 per US dollar, supporting INR liquidity and reducing volatility.

AUD/INR maintains a bullish technical bias with overbought signals, trading within a projected ₹66.9796 to ₹67.6528 range for the next few sessions.

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