Indian Rupee Rises To 1-week High Against U.S. Dollar
12 Luglio 2023 - 8:53AM
RTTF2
The Indian rupee climbed against the U.S. dollar in evening
deals on Wednesday, as the latter was subdued amid expectations
that U.S. inflation data due out later in the day will show
moderation in price pressures.
Analysts expect a slowdown in U.S. consumer price growth to an
annual rate of 3.1 percent from 4 percent in May. The core rate is
expected to have fallen for a third month to 5 percent from 5.3
percent.
The Indian rupee advanced to 82.23 against the greenback,
setting a 1-week high. If the rupee extends rise, 79.00 is possibly
seen as its next resistance level.
Grafico Cross US Dollar vs INR (FX:USDINR)
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Grafico Cross US Dollar vs INR (FX:USDINR)
Da Lug 2023 a Lug 2024