USD/INR loses ground amid softer Dollar, eyes on Middle East conflict

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USD/INR loses ground amid softer Dollar, eyes on Middle East conflict
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Indian Rupee (INR) trades strongly against the US Dollar (USD) amid a decline in US Treasury bond yields on Tuesday. Moreover, the Reserve Bank of Ind

Indian Rupee holds positive ground despite the sour market mood. Rising oil prices and Middle East geopolitical concerns might trigger risk-off sentiment and limit the Indian Rupee's upside. Market players await the US S&P Global PMI data on Tuesday; India’s markets are closed for the Dussehra holidays. ia's potential aggressive intervention last week lends some support to the Indian Rupee and acts as a headwind for the USD/INR pair.

US Dollar price in the last 7 days The table below shows the percentage change of US Dollar against listed major currencies in the last 7 days. US Dollar was the weakest against the Euro. USD EUR GBP CAD AUD JPY NZD CHF USD -1.21% -0.44% 0.42% -0.29% 0.00% 0.69% -1.13% EUR 1.20% 0.78% 1.61% 0.91% 1.20% 1.89% 0.08% GBP 0.43% -0.78% 0.85% 0.14% 0.43% 1.13% -0.70% CAD -0.43% -1.65% -0.87% -0.72% -0.43% 0.27% -1.57% AUD 0.30% -0.92% -0.13% 0.71% 0.29% 0.99% -0.84% JPY 0.00% -1.22% -0.43% 0.42% -0.

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