The Indian Rupee (INR) gains traction on Friday. Traders increasingly expect the US Federal Reserve (Fed) to cut interest rates in September, which continue undermining the US Dollar (USD).
The India n Rupee trades on a stronger note in Friday’s Asian session. A deeper Fed rate cut expectation and the potential RBI intervention underpin the INR. Higher crude oil, weakness in its Asian peers and India ’s foreign outflows might weigh on the local currency. The India n Rupee gains traction on Friday. Traders increasingly expect the US Federal Reserve to cut interest rates in September, which continue undermining the US Dollar .
US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD -0.07% -0.09% -0.05% -0.08% -0.18% -0.37% -0.07% EUR 0.07% -0.02% 0.02% -0.01% -0.09% -0.29% 0.01% GBP 0.09% 0.01% 0.03% 0.00% -0.07% -0.29% 0.03% CAD 0.06% -0.01% -0.04% -0.02% -0.09% -0.30% 0.00% AUD 0.08% 0.00% -0.01% 0.03% -0.10% -0.30% 0.01% JPY 0.17% 0.09% 0.08% 0.10% 0.08% -0.
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