The Indian Rupee (INR) edges higher on Friday despite the stronger US Dollar.
The India n Rupee strengthens in Friday’s Asian session. A positive trend in India n equities supports the INR, while higher crude oil prices might cap its upside. The India n GDP Quarterly for Q1 and US PCE inflation data will take center stage on Friday. The India n Rupee edges higher on Friday despite the stronger US Dollar. India 's boosted weight in the MSCI Emerging Market Index could lead to significant foreign investment, stabilizing the INR in the near term.
US Dollar was the weakest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD 0.04% 0.00% -0.02% -0.09% -0.12% -0.06% 0.04% EUR -0.04% -0.04% -0.07% -0.13% -0.16% -0.10% -0.01% GBP 0.00% 0.04% -0.05% -0.10% -0.12% -0.08% 0.04% CAD 0.02% 0.07% 0.04% -0.06% -0.10% -0.02% 0.07% AUD 0.09% 0.13% 0.09% 0.06% -0.03% 0.02% 0.12% JPY 0.12% 0.16% 0.13% 0.08% 0.03% 0.05% 0.15% NZD 0.05% 0.11% 0.06% 0.02% -0.03% -0.06% 0.10% CHF -0.04% 0.00% -0.04% -0.08% -0.14% -0.16% -0.
India Macroeconomics Emergingmarkets SEO
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 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 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 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 rebounds ahead of Indian PMI data, RBI’s MPC MinutesThe Indian Rupee (INR) loses ground on Thursday, pressured by concerns about importers' US Dollar (USD) demand and foreign equity outflows.
Read more »
USD/INR strengthens as month-end US Dollar demand drags Indian Rupee lowerThe Indian Rupee (INR) extends its losses on Wednesday, pressured by the weakness in Asian peers and US Dollar (USD) demand from importers.
Read more »