The Indian Rupee (INR) trades flat on Monday despite the recovery of the US Dollar (USD).
The India n Rupee trades sideways in Monday’s Asian session. Possible Fed rate cuts, lower US bond yields might support the local currency; firmer USD could weigh on the INR. Traders await India ’s Wholesale Price Index Inflation data on Monday for fresh impetus. The India n Rupee trades flat on Monday despite the recovery of the US Dollar . The rising hopes of rate cuts by the Federal Reserve , lower US bond yields, and persistent India ’s foreign inflows might lift the INR.
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 New Zealand Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD -0.02% 0.01% 0.03% 0.00% -0.13% 0.06% -0.10% EUR 0.01% 0.02% 0.05% 0.02% -0.12% 0.07% -0.09% GBP -0.02% -0.03% 0.02% -0.01% -0.13% 0.03% -0.12% CAD -0.05% -0.05% -0.03% -0.04% -0.16% -0.01% -0.15% AUD 0.00% -0.02% 0.00% 0.03% -0.15% 0.05% -0.12% JPY 0.15% 0.15% 0.16% 0.21% 0.15% 0.
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