Indian Rupee (INR) extends its downside on Thursday despite the decline of the US Dollar (USD).
India n Rupee trades with mild negative bias on Thursday. The INR’s downside might be capped, owing to a further decline in crude oil prices. Market players will closely monitor the US preliminary GDP growth number for the first quarter . India n Rupee extends its downside on Thursday despite the decline of the US Dollar . The growing speculation that the US Federal Reserve will delay interest rate cuts boosts the Greenback against its rivals.
US Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.06% -0.06% -0.06% -0.13% 0.11% -0.12% -0.01% EUR 0.06% -0.01% 0.00% -0.07% 0.17% -0.07% 0.03% GBP 0.07% -0.02% 0.01% -0.08% 0.17% -0.07% 0.02% CAD 0.08% 0.00% 0.00% -0.06% 0.16% -0.04% 0.05% AUD 0.13% 0.05% 0.07% 0.05% 0.21% 0.00% 0.12% JPY -0.11% -0.16% -0.17% -0.18% -0.23% -0.25% -0.12% NZD 0.11% 0.04% 0.06% 0.02% -0.02% 0.21% 0.13% CHF 0.01% -0.04% -0.06% -0.06% -0.11% 0.12% -0.
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