USD/INR flat-lines ahead of Indian PMI data

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USD/INR flat-lines ahead of Indian PMI data
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Indian Rupee (INR) trades on a flat note on Tuesday despite the firmer US Dollar (USD) following the upbeat US ISM Manufacturing PMI.

Indian Rupee trades sideways on Monday despite the stronger USD. Several polls showed the RBI would maintain the repo rate steady at 6.50% in the forthcoming meeting on Friday. Investors will closely watch the Indian March HSBC Manufacturing Purchasing Managers Index data on Tuesday. Indian Rupee trades on a flat note on Tuesday despite the firmer US Dollar following the upbeat US ISM Manufacturing PMI.

US Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD 0.04% 0.01% 0.00% -0.06% 0.08% 0.05% 0.01% EUR -0.05% -0.03% -0.03% -0.12% 0.02% 0.00% 0.04% GBP -0.03% 0.03% -0.01% -0.09% 0.04% 0.02% 0.00% CAD -0.03% 0.02% 0.00% 0.00% 0.04% 0.04% 0.04% AUD 0.06% 0.10% 0.09% 0.01% 0.14% 0.13% 0.15% JPY -0.08% -0.02% -0.06% -0.02% -0.11% -0.01% 0.02% NZD -0.06% -0.01% -0.03% -0.03% -0.11% 0.02% -0.01% CHF -0.09% -0.05% -0.06% -0.06% -0.15% -0.02% -0.

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