Indian Rupee (INR) extends its downside on Tuesday amid month-end US dollar (USD) demand from importers.
India n Rupee loses momentum on the month-end US dollar demand on Tuesday. The positive outlook in the India n economy continues to boost India n equities and might strengthen the INR in the near term. The Federal Reserve's interest rate decision and press conference on Wednesday will be closely watched. India n Rupee extends its downside on Tuesday amid month-end US dollar demand from importers.
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 Australian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.10% 0.10% 0.09% 0.39% 0.34% 0.29% 0.10% EUR -0.11% -0.01% -0.03% 0.28% 0.24% 0.18% -0.01% GBP -0.11% -0.01% -0.03% 0.27% 0.21% 0.18% -0.01% CAD -0.08% 0.02% 0.04% 0.31% 0.23% 0.22% 0.02% AUD -0.41% -0.30% -0.30% -0.31% -0.07% -0.12% -0.30% JPY -0.34% -0.22% -0.20% -0.26% 0.08% 0.
India SEO Macroeconomics Emergingmarkets
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/INR loses traction ahead of Indian and US PMI dataThe Indian Rupee (INR) gains ground on Tuesday, backed by likely equity inflows and US Dollar (USD) sales from state-run banks.
Read more »
USD/INR edges lower ahead of Indian CPI dataIndian Rupee (INR) posts modest gains on Friday amid strong selling interest in the US Dollar (USD) and light demand from importers.
Read more »
USD/INR extends gains ahead of Indian Services PMI dataIndian Rupee (INR) extends its downside on Thursday. The rise in crude oil prices to their highest levels since October amid the ongoing geopolitical tensions in the Middle East, along with higher US Treasury bond yields, weighs on the INR.
Read more »
USD/INR flat-lines ahead of Indian PMI dataIndian Rupee (INR) trades on a flat note on Tuesday despite the firmer US Dollar (USD) following the upbeat US ISM Manufacturing PMI.
Read more »
USD/INR loses traction ahead of Indian, US Manufacturing PMI dataIndian Rupee (INR) trades on a stronger note on Monday despite the stronger US Dollar (USD).
Read more »
USD/INR rebounds amid firmer US Dollar, hawkish Fed stanceIndian Rupee (INR) is losing its recovery momentum on Wednesday amid US Dollar (USD) demand from importers and bets that US Federal Reserve (Fed) rate cuts are not imminent.
Read more »