Oddbean new post about | logout
 Indian Rupee Opens Stronger Against Dollar Ahead Of US Inflation Data
===============	
#19e6c8d0 ver:0.79

The Indian rupee opens stronger against the US dollar due to a decline in the dollar index, but faces resistance from rising crude oil prices. Experts expect gradual strengthening in the short term, with medium-term expectations of reaching 82.50 levels. Strong fundamentals and expected foreign investment inflows support a long-term appreciation to Rs 82-82.50. Geopolitical tensions and a strong dollar pose risks. RBI interventions likely support the rupee. Market attention on US GDP and inflation data. #IndianRupee #USDINR #Forex #Economy...

#newstr #IndianRupee #UsDollar #UsInflationData #CurrencyTrade 

 https://here.news/story/19e6c8d0?ver=0.79