Indian Rupee (INR) extends the decline on Thursday. The sell-off in the INR is pressured by the persistent US Dollar (USD) demand from importers and India’s election-related uncertainties.
India n Rupee weakens for the fourth consecutive day on Thursday. The USD demand from importers, India ’s election-related risks and foreign outflows in India n equities weigh on the INR. The US Gross Domestic Product for Q1 2024 will be in the spotlight on Thursday. India n Rupee extends the decline on Thursday. The sell-off in the INR is pressured by the persistent US Dollar demand from importers and India ’s election-related uncertainties.
US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.04% 0.03% 0.04% 0.08% -0.15% 0.16% 0.05% EUR -0.04% -0.01% 0.02% 0.04% -0.19% 0.13% -0.01% GBP -0.03% 0.01% 0.03% 0.04% -0.18% 0.13% 0.00% CAD -0.06% -0.01% -0.02% 0.02% -0.20% 0.10% -0.02% AUD -0.06% -0.02% -0.03% 0.00% -0.20% 0.09% -0.03% JPY 0.14% 0.19% 0.16% 0.18% 0.23% 0.30% 0.
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