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Indian Rupee at Risk as RBI Lowers GDP Estimates, Boosts Bond Buys. USD/INR Eyes NFPs

Published: June 4, 2021

The Indian Rupee weakened after the RBI increased bond purchases and lowered GDP estimates at June’s rate decision. Ahead, USD/INR is eyeing US non-farm payrolls after a wedge breakout.

Source: dailyfx.com

Related Topics:

Narendra MoodyDaniel DubrovskyIndian RupeeTechnical AnalysisFalling WedgeReserve BankGovernor Shaktikanta Das HighlightsVia BloombergPrime Minister Narendra MoodyIndian CovidBoosts BondFibonacci RetracementSimple Movingநரேந்திர மனநிலைஇந்தியன் ரூபாய்தொழில்நுட்ப பகுப்பாய்வுவீழ்ச்சி ஆப்புஇருப்பு வங்கிவழியாக ப்ளூம்பெர்க்எளிய நகரும்