USD/INR retreats from intraday peak near 85.70, consolidating around 85.30 at the start of the American session. India’s Industrial output rose 2.7% in April, with…
The USD/INR is near the 85.3500 ratio as of this writing with its rather typical wide spread being seen via bids and asks which leave…
Indian Rupee edges higher in Wednesday’s early Asian session. Lower crude oil prices and a weaker US Dollar support the INR, but MSCI-driven outflows might…
The Indian Rupee slips on importer-led Dollar demand and steady US Dollar. RBI rate cut speculation puts pressure on short-term Rupee outlook. USD/INR holds above…
The Indian Rupee steadies in Tuesday’s Asian session. A weaker US Dollar and stronger Chinese Yuan could support the INR, but RBI rate cut bets…
Indian Rupee pares earlier gains as USD/INR rebounds slightly above 85.00. US Dollar steadies after a sharp early-week decline, DXY Index hovers above 99.00 The…
Indian Rupee trades flat in Monday’s Asian session. Mounting concerns about US fiscal health and weaker US Dollar support the INR. RBI rate cut bets…
Indian Rupee softens in Friday’s early European session. Likely foreign outflows and a weaker US Dollar weigh on the INR. Traders brace for Fedspeak later…
Indian Rupee loses traction in Thursday’s early European session. The Indian HSBC Manufacturing PMI rose to 58.3 in May; Services PMI improved to 61.2 in…
Indian Rupee extends the decline in Wednesday’s Asian session. A fall in local equities and ongoing US Dollar demand weigh on the INR. Traders brace…