Indian Rupee (INR) trims gains on Monday despite the softer US Dollar (USD).
India n Rupee weakens on Monday despite the weaker USD. Strong inflows into India n equities might support the INR in near term; geopolitical risks might cap the local currency’s upside. US Q1 GDP, US April PCE and India n Q4 GDP growth numbers will be closely watched this week. India n Rupee trims gains on Monday despite the softer US Dollar . The INR closed at a two-month high of 83.10 on Friday, marking its biggest weekly gain in over five months, bolstered by strong inflows into India n equities.
Further south, the next contention level is seen near a low of March 11 at 82.65. US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the Euro. USD EUR GBP CAD AUD JPY NZD CHF USD -0.01% -0.04% -0.01% -0.15% -0.10% -0.12% -0.03% EUR 0.01% -0.02% -0.01% -0.14% -0.09% -0.12% 0.02% GBP 0.05% 0.05% 0.03% -0.12% -0.06% -0.08% 0.02% CAD 0.02% 0.01% -0.03% -0.14% -0.08% -0.11% -0.02% AUD 0.15% 0.14% 0.
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