US Inflation Data Archives | Business Outreach

Indian Rupee Stable, Forward Premiums Decline Ahead of US Inflation Data

The Indian rupee remained relatively unchanged on Tuesday, while forward premiums experienced a drop as market participants awaited the highly anticipated release of U.S. inflation data. By 10:42 a.m. IST, the rupee was trading at 82.4250 against the dollar, displaying minimal variation compared to the previous session’s rate of 82.43.

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Jun 13, 2023