USD/INR edges lower ahead of Indian CPI data

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USD/INR edges lower ahead of Indian CPI data
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Indian Rupee (INR) posts modest gains on Friday amid strong selling interest in the US Dollar (USD) and light demand from importers.

India n Rupee trades on a positive note on Friday. Rising oil prices and higher US Treasury bond yields could weigh on the INR, limiting the downside of USD/INR. The India n March CPI inflation report and US April Michigan Consumer Sentiment Index will be in the spotlight on Friday. India n Rupee posts modest gains on Friday amid strong selling interest in the US Dollar and light demand from importers.

US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.05% 0.02% 0.06% 0.07% 0.00% -0.04% 0.05% EUR -0.05% -0.01% 0.00% 0.02% -0.04% -0.09% -0.01% GBP -0.02% 0.02% 0.03% 0.05% -0.02% -0.07% 0.02% CAD -0.06% -0.01% 0.00% 0.01% -0.06% -0.10% -0.01% AUD -0.07% -0.03% -0.04% -0.02% -0.07% -0.12% -0.03% JPY 0.00% 0.04% 0.02% 0.05% 0.05% -0.

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