Indian Rupee Holds Steady Against Dirham in UAE as Traders Await Economic Data
===============	
#19e6c8d0 ver:0.7

The Indian rupee remained largely unchanged on Tuesday, tracking the rangebound movement of its Asian peers and steady US bond yields. The currency was trading at 83.3275 against the US dollar (22.705 against the UAE dirham) around 9 am UAE time, slightly higher than its previous session close of 83.3625 (22.714). Traders expect the rupee to stay within the 83.25-83.40 range, with a slight bias towards appreciation. Foreign banks were seen offering dollars in early trading, which supported the Indian rupee. However, the gains are expected to be limited by dollar demand from importers and mild dollar outflows following the oversubscription of Vodafone Idea's follow-on public offering. Foreign investors have been net sellers of Indian equities and debt in April, pulling out $1.04 billion. Br...

#newstr #IndianRupee #Dirham #CurrencyExchange #Uae 

 https://here.news/story/19e6c8d0?ver=0.7