Indian Rupee Remains Flat Amid Yuan Weakness and Dip in US Bond Yields
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#19e6c8d0 ver:1.25
The Indian rupee remains steady against the US dollar amid yuan weakness and a dip in US bond yields. The rupee is expected to maintain its sideways trend, with weakness capped near 83.60. Rising crude oil prices and positive manufacturing PMI data impact the rupee's depreciation. The currency is gradually expected to move towards 83.10. The central bank intervenes to prevent steep fluctuations, and investors await US employment data for future cues. #IndianRupee #CurrencyMarket #USdollar #YuanWeakness #BondYields...
#newstr #Rupee #Yuan #UsBondYields #ForeignExchange #ReserveBankOfIndia
https://here.news/story/19e6c8d0?ver=1.25