USD/INR Strengthens as Markets Await Insights from Fed's Powell

Tuesday, 9 July 2024, 02:59

The USD/INR pair is gaining momentum, with the Indian Rupee weakening against the US Dollar. Investors are closely watching Fed Chair Powell's upcoming testimony for potential market-moving insights. The Greenback's recovery is putting pressure on the INR, impacting the currency pair's performance.
FXStreet
USD/INR Strengthens as Markets Await Insights from Fed's Powell

USD/INR Gathers Strength

The Indian Rupee (INR) weakens on Tuesday amid the recovery of the Greenback.


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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