Indian Rupee (INR) weakens on Friday amid the rise of the US dollar (USD) and higher US Treasury bond yields.
Indian Rupee loses traction on Friday on the softer USD, and lower US bond yields. The positive outlook in the Indian economy might boost the INR and cap the pair’s upside. Investors await Fed Chair Jerome Powell’s speech on Friday for fresh impetus. Indian Rupee weakens on Friday amid the rise of the US dollar and higher US Treasury bond yields.
US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the Australian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.22% 0.19% 0.24% 0.58% 0.00% 0.50% 0.19% EUR -0.22% -0.03% 0.04% 0.35% -0.22% 0.27% -0.03% GBP -0.19% 0.03% 0.07% 0.39% -0.19% 0.32% 0.00% CAD -0.25% -0.03% -0.05% 0.35% -0.25% 0.25% -0.05% AUD -0.58% -0.37% -0.41% -0.34% -0.58% -0.08% -0.40% JPY 0.00% 0.22% 0.19% 0.26% 0.56% 0.49% 0.
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