Thursday , 6 February 2025
Home Forex USD/INR gathers strength amid RBI rate cut expectations
Forex

USD/INR gathers strength amid RBI rate cut expectations

The Indian Rupee (INR) extends its downside on Thursday. The local currency remains under selling pressure amid the expectation that the Reserve Bank of India (RBI) might cut the interest rates on Friday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Eurostoxx futures +0.4% in early European trading

German DAX futures +0.5%UK FTSE futures +0.4%This follows from the more mixed...

Germany December industrial orders +6.9% vs +2.0% m/m expected

Prior -5.4%; revised to -5.2%The headline reading might look great but it...

Switzerland January seasonally adjusted unemployment rate 2.7% vs 2.7% expected

Prior 2.6%; revised to 2.7%The Swiss jobless rate is seen steady last...

NIFTY 50 Index (India) Elliott Wave technical analysis [Video]

Function: Counter Trend (Minor degree, Grey.). Mode: Corrective.