Indian Rupee Depreciates Against US Dollar Amid Strength of American Currency
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#19e6c8d0 ver:1.2

The Indian rupee depreciated against the US dollar due to the strength of the American currency and elevated crude oil prices. However, the rupee recovered slightly supported by foreign capital and strong equity market sentiment. Mild inflows and exporter dollar sales also lifted the currency after hitting an all-time low. Gains in most Asian currencies and dollar sales from foreign banks further supported the rupee. Expectations of dollar inflows and potential rate cuts by the central bank may push out weakness in the rupee. #IndianRupee #USD #forex...

#newstr #IndianRupee #UsDollar #ForeignCapital #EquityMarketSentiment #AsianFx #ForeignBanks #OilCompanies #RateCut #PolicyRates 

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