USD/INR holds positive ground ahead of Indian WPI inflation, US CPI data

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USD/INR holds positive ground ahead of Indian WPI inflation, US CPI data
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The Indian Rupee (INR) edges lower on Wednesday despite the decline of the US Dollar (USD).

The India n Rupee loses ground in Wednesday’s early Asian session. Higher crude oil prices and risk aversion dent sentiment and weigh on the INR. The India n WPI inflation and US CPI will be closely watched on Wednesday. The India n Rupee edges lower on Wednesday despite the decline of the US Dollar . The weak domestic markets and the rise of crude oil prices weighed on investor sentiments and dragged the INR lower.

11% EUR -0.04% 0.02% -0.01% 0.11% -0.36% 0.75% -0.13% GBP -0.07% -0.02% -0.03% 0.09% -0.38% 0.74% -0.18% CAD -0.03% 0.01% 0.03% 0.13% -0.35% 0.78% -0.15% AUD -0.18% -0.14% -0.13% -0.15% -0.52% 0.57% -0.32% JPY 0.36% 0.39% 0.35% 0.31% 0.48% 1.14% 0.23% NZD -0.80% -0.77% -0.74% -0.73% -0.64% -1.12% -0.90% CHF 0.09% 0.16% 0.19% 0.16% 0.29% -0.23% 0.91% The heat map shows percentage changes of major currencies against each other.

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