Indian Rupee Holds Steady Ahead of Indian PMI Data Announcement

Tuesday, 2 April 2024, 02:49

The Indian Rupee (INR) remains stable as the USD/INR pair pauses its movement before the upcoming release of Indian PMI data. Despite the strengthening US Dollar (USD) post a positive US ISM Manufacturing PMI, the INR maintains a neutral position.
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Indian Rupee Holds Steady Ahead of Indian PMI Data Announcement

Indian Rupee Stability Amid USD/INR Stagnation

Indian Rupee (INR) trades on a flat note on Tuesday despite the firmer US Dollar (USD) following the upbeat US ISM Manufacturing PMI.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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