The Indian Rupee (INR) recovers some lost ground on Tuesday after falling to an all-time low in the previous session.
The India n Rupee edges higher in Tuesday’s Asian session. Persistent foreign inflows to India and lower crude oil prices might support the INR in the near term. Investors await the India n Union Budget on Tuesday, which will be announced at 06:00 GMT. The India n Rupee recovers some lost ground on Tuesday after falling to an all-time low in the previous session. A weak Chinese Yuan, and sustained US Dollar demand from local corporates and oil companies might continue to undermine the INR.
Further south, the pair might gain enough downside momentum to revisit 83.40, the 100-day EMA. US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD 0.10% 0.02% 0.37% 0.81% -0.27% 0.70% 0.17% EUR -0.11% -0.08% 0.25% 0.71% -0.37% 0.61% 0.03% GBP 0.00% 0.07% 0.33% 0.78% -0.31% 0.67% 0.13% CAD -0.36% -0.26% -0.34% 0.45% -0.64% 0.35% -0.22% AUD -0.
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