Indian Rupee Recovers Slightly Against US Dollar Amid Foreign Capital Inflows
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#19e6c8d0 ver:1.19
The Indian rupee has recovered slightly against the US dollar, supported by foreign capital inflows and strong equity market sentiment. The rupee had hit a two-month low but rebounded due to mild inflows, exporter dollar sales, and gains in Asian currencies. The Reserve Bank of India is expected to intervene to prevent sharp declines, and expectations of dollar inflows from inclusion in a JPMorgan index may further support the rupee. Investors are watching for cues on when the central bank may ease policy rates. #IndianRupee #USDollar #ForeignCapitalInflows...
#newstr #IndianRupee #UsDollar #ForeignCapital #EquityMarketSentiment #AsianFx #ForeignBanks #OilCompanies #RateCut #PolicyRates
https://here.news/story/19e6c8d0?ver=1.19