Indian Rupee (INR) struggles to gain ground on Thursday. The hawkish stance from the FOMC Minutes and the Federal Reserve (Fed) policymakers boosts the Greenback and creates a tailwind for the pair.
India n Rupee trades softer on Thursday. Foreign outflows in India and the Fed’s hawkish remarks exert some selling pressure on the INR. Investors will closely monitor the preliminary May PMI data from India and the US, which is due on Thursday. India n Rupee struggles to gain ground on Thursday. The hawkish stance from the FOMC Minutes and the Federal Reserve policymakers boosts the Greenback and creates a tailwind for the pair.
US Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.04% -0.06% -0.08% -0.18% 0.01% -0.32% -0.08% EUR 0.04% -0.02% -0.02% -0.14% 0.06% -0.28% -0.05% GBP 0.06% 0.03% 0.00% -0.12% 0.09% -0.25% -0.03% CAD 0.06% 0.02% -0.01% -0.12% 0.08% -0.26% -0.03% AUD 0.19% 0.14% 0.12% 0.10% 0.19% -0.14% 0.09% JPY -0.01% -0.06% -0.10% -0.08% -0.20% -0.35% -0.13% NZD 0.32% 0.28% 0.26% 0.25% 0.14% 0.33% 0.24% CHF 0.10% 0.05% 0.03% 0.03% -0.09% 0.11% -0.
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