Indian Rupee Hits Record Low Against US Dollar Amid Market Nervousness and Crucial Inflation Data
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#19e6c8d0 ver:1.08

The Indian Rupee hits a record low against the US Dollar due to market nervousness and crucial inflation data. The rupee is under pressure from the strong dollar and elevated crude oil prices. However, positive global markets and foreign inflows may provide support. The Reserve Bank of India intervenes to control falls. Interest rate futures suggest a potential rate reduction. The rupee's movement will be impacted by US inflation data. A reduction in US interest rates could boost Indian markets but raise import prices and inflation [IndianRupee #USDollar #inflation #economy]....

#newstr #IndianRupee #UsDollar #FederalReserve #Inflation #TradeDeficit 

 https://here.news/story/19e6c8d0?ver=1.08