Indian Rupee Gains as USD/INR Loses Traction Amid Weaker US Data
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#e07cbe84 ver:0.55

Indian Rupee gains ground against the US Dollar as weaker US data and foreign portfolio inflows boost the INR. Decline in crude oil prices and optimism in India's economic outlook also support the INR. However, renewed USD demand and higher US Treasury bond yields may limit the pair's downside. Traders are now pricing in a 63% chance of a rate cut from the Fed in September. #INR #USD #forex...

#newstr #Usd/inr #IndianRupee #UsDollar #ServicesPmi #UsData #IndianEconomicOutlook 

 https://here.news/story/e07cbe84?ver=0.55