The Indian Rupee (INR) flatlines on Monday despite the softer US Dollar (USD).
The India n Rupee trades steady in Monday’s Asian session. RBI’s intervention and lower crude oil prices might underpin INR; foreign outflows and strong USD demand might limit its upside. The first reading of HSBC India PMI will be released on Wednesday ahead of Fed Chair Powell's speech. The India n Rupee flatlines on Monday despite the softer US Dollar . India ’s foreign outflows and strong USD demand from importers remain exerting some selling pressure on the INR.
36, the low of June 28. 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 Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.13% -0.11% -0.13% -0.25% -0.79% -0.32% -0.27% EUR 0.13% 0.03% 0.02% -0.08% -0.63% -0.17% -0.10% GBP 0.12% -0.02% -0.02% -0.14% -0.69% -0.21% -0.15% CAD 0.12% -0.01% 0.01% -0.09% -0.65% -0.19% -0.12% AUD 0.24% 0.08% 0.13% 0.12% -0.56% -0.09% -0.02% JPY 0.79% 0.63% 0.
SEO India Macroeconomics Emergingmarkets
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/INR holds positive ground ahead of Indian WPI inflation, US CPI dataThe Indian Rupee (INR) edges lower on Wednesday despite the decline of the US Dollar (USD).
Read more »
USD/INR strengthens on upbeat US Retail Sales, weak Indian domestic marketsIndian Rupee (INR) edges lower on Friday due to the modest recovery of the US Dollar (USD).
Read more »
USD/INR flat lines ahead of Indian CPI inflation dataThe Indian Rupee (INR) trades on a flat note on Monday amid the consolidation of the Greenback.
Read more »
USD/INR drifts lower as likely RBI intervention helps limit Indian Rupee's declineThe 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).
Read more »
USD/INR weakens as Fed signals rate cut in SeptemberThe Indian Rupee (INR) recovers on the decline of the US Dollar (USD) on Thursday.
Read more »
USD/INR extends rally ahead of Fed rate decisionThe Indian Rupee (INR) edges lower on Wednesday. The weakness of local currency is largely driven by persistent US Dollar (USD) high demand for month-end payments, dragging the INR lower near record lows over the last few trading sessions.
Read more »