Indian Rupee Expected to Open Higher Ahead of US Inflation Data
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#19e6c8d0 ver:1.38
The Indian rupee is expected to open higher against the US dollar, tracking Asian peers, ahead of the release of US inflation data that may impact the Federal Reserve's decision on interest rates. Non-deliverable forwards indicate an opening of 83.48-83.50 to the US dollar. Lower inflation and signs of a cooling US economy could prompt a rate cut in September. #IndianRupee #USinflation #FederalReserve...
#newstr #IndianRupee #UsDollar #ForexMarket #EquityMarkets #OilPrices #Powell'sTestimony #UsInflation #AsianPeers #FedRateCut
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