The 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.
The India n Rupee weakens in Wednesday’s early Asian session. USD demand and cautious mood might undermine the INR, while lower crude oil prices and RBI intervention could limit losses. Investors will closely monitor the Federal Reserve’s interest rate decision on Wednesday. The India n Rupee edges lower on Wednesday.
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 -0.02% -0.04% -0.03% 0.01% -0.21% -0.10% -0.03% EUR 0.01% -0.01% 0.00% 0.03% -0.18% -0.05% -0.01% GBP 0.03% 0.00% 0.00% 0.03% -0.17% -0.05% -0.01% CAD 0.02% 0.00% 0.00% 0.02% -0.18% -0.05% 0.02% AUD -0.02% -0.04% -0.03% -0.04% -0.22% -0.09% -0.02% JPY 0.19% 0.18% 0.20% 0.17% 0.25% 0.
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