Indian Rupee (INR) trims gains on Monday despite the softer US Dollar (USD).
India n Rupee weakens on Monday despite the weaker USD. Strong inflows into India n equities might support the INR in near term; geopolitical risks might cap the local currency’s upside. US Q1 GDP, US April PCE and India n Q4 GDP growth numbers will be closely watched this week. India n Rupee trims gains on Monday despite the softer US Dollar . The INR closed at a two-month high of 83.10 on Friday, marking its biggest weekly gain in over five months, bolstered by strong inflows into India n equities.
Further south, the next contention level is seen near a low of March 11 at 82.65. 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 Euro. USD EUR GBP CAD AUD JPY NZD CHF USD -0.01% -0.04% -0.01% -0.15% -0.10% -0.12% -0.03% EUR 0.01% -0.02% -0.01% -0.14% -0.09% -0.12% 0.02% GBP 0.05% 0.05% 0.03% -0.12% -0.06% -0.08% 0.02% CAD 0.02% 0.01% -0.03% -0.14% -0.08% -0.11% -0.02% AUD 0.15% 0.14% 0.
India SEO Macroeconomics Emergingmarkets
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/INR loses momentum, investors await Indian PMI dataIndian Rupee (INR) recovers some lost ground on Thursday amid the weaker US Dollar (USD).
Les mer »
USD/INR depreciates toward 83.00, Indian markets closed due to general electionUSD/INR edges lower due to improved risk appetite, trading around 83.20 during the early European trading hours on Monday.
Les mer »
USD/INR extends its downside ahead of US NFP dataIndian Rupee (INR) gains momentum on Friday as the cautious comments by the Federal Reserve (Fed) Chair Jerome Powell exert further selling pressure on the US Dollar (USD).
Les mer »
USD/INR loses momentum on softer US DollarIndian Rupee (INR) recovers some lost ground on Monday amid the softer US Dollar (USD) and lower crude oil prices.
Les mer »
USD/INR extends rally ahead of Fed rate decisionIndian Rupee (INR) extends its downside on Tuesday amid month-end US dollar (USD) demand from importers.
Les mer »
USD/INR finds some support amid modest US Dollar recoveryIndian Rupee (INR) loses traction on Tuesday on the modest rebound of US Dollar (USD).
Les mer »