USD/INR recovers as Rupee slips on Oil bounce, equity weakness
Indian Rupee weakens despite broader US Dollar softness, pressured by equity losses and higher Oil prices. The USD/INR bounces from 85.50 support, hovers near the 50-day EMA. US-India interim trade deal expected by July 8, tariff risks and Fed rate cut bets in focus. The Indian Rupee (INR) trades on the back foot against the […]
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