USD/INR posts modest gains, Indian government keeps an eye on exchange rate
Indian Rupee (INR) loses ground on Tuesday amid the US Dollar (USD) demand from state-run and foreign banks.
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Indian Rupee (INR) loses ground on Tuesday amid the US Dollar (USD) demand from state-run and foreign banks.
Indian Rupee (INR) edges lower on Monday amid US Dollar (USD) demand.
This week, investors will be eyeing key events such as India’s GDP growth rate, fiscal deficit data, RBI Monetary and Credit Information Review, along with the Fed Chairman Speech, and the GDP growth rate in the US that will keep the markets buzzing.
The coming week will mark the start of a new month and traders will be eyeing macro data along with the monthly sales numbers from the auto companies that will keep the markets buzzing.
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