Indian Rupee Sees Slight Relief as US Inflation Data Supports Fed Rate Cut
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#19e6c8d0 ver:1.4

The Indian rupee sees slight relief as US inflation data supports Fed rate cut. Rupee opens stronger at Rs 83.51 against the dollar. Market anticipates rate cut in September. US dollar falls 0.10% to 104.9410. Rupee slips slightly on Thursday, closing at 83.56. Traders eye upcoming US data. Speculation of rate cut fueled by softer US economic data. Most Asian currencies appreciate. Rupee expected to see marginal relief on Friday. Fed rate cut in September highly likely. US inflation print declines, raising odds of rate cut. #IndianRupee #FedRateCut #USInflation...

#newstr #IndianRupee #UsDollar #CurrencyExchange #FederalReserve #ForexMarkets #InterestRateCut #UsInflation #EmergingMarketCurrencies 

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