
- The Indian Rupee attracts some sellers to an all-time low in Thursday’s Asian session.
- Persistent demand for USD and a cautious outlook from Fed officials might add further pressure on the INR.
- The US weekly Initial Jobless Claims, Existing Home Sales, and final reading of Q3 GDP data will be released later on Thursday.
The Indian Rupee (INR) falls to near a fresh record low on Thursday. The renewed US Dollar (USD) demand from importers and foreign banks undermines the local currency. Furthermore, the US Federal Reserve (Fed) lowered its key interest rate by a quarter percentage point at its December
Already have an account? Sign in
0 Comment