Indian Rupee ticks lower on Wednesday on the renewed US Dollar (USD) demand.
Indian Rupee edges lower on the stronger USD. The Reserve Bank of India Governor highlighted the optimistic view for the Indian economy. Investors will closely monitor the Federal Open Market Committee policy meeting on Wednesday. That being said, the higher-for-longer US interest rate narrative has lifted US Treasury bond yields to multi-year highs, which acts as a tailwind for the pair.
US Dollar price in the last 7 days The table below shows the percentage change of US Dollar against listed major currencies in the last 7 days. US Dollar was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD 0.23% 0.14% 1.02% 0.46% 0.94% 0.85% 1.85% EUR -0.22% -0.08% 0.80% 0.25% 0.73% 0.63% 1.65% GBP -0.12% 0.08% 0.88% 0.33% 0.80% 0.70% 1.72% CAD -1.03% -0.81% -0.89% -0.55% -0.08% -0.17% 0.85% AUD -0.46% -0.24% -0.32% 0.56% 0.47% 0.38% 1.42% JPY -0.95% -0.71% -0.80% 0.
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