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Oil prices to influence rupee post April 10, says Kotak

market hours1 source ↓written by the desknot a recommendation

dollar positions
10 April

Anindya Banerjee from Kotak Securities indicates that RBI's curbs are currently impacting USD/INR as banks unwind dollar positions until 10 April. After this date, the rupee's trajectory will be primarily influenced by oil prices, with the ongoing energy shock being a significant factor in currency fluctuations.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Apr 2026, 13:13 IST.

Sourcesnews.google.com

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