Indian Rupee Rises To 4-day High Against U.S. Dollar
29 September 2023 - 9:55AM
RTTF2
The Indian rupee climbed against the U.S. dollar in evening
deals on Friday, as the latter fell ahead of a key inflation report
due today.
Investors await the release of the Fed's preferred inflation
measure, the U.S. personal consumption expenditures price index
data, for more clues on the central bank's path forward.
The Indian rupee advanced to 83.02 against the greenback, its
strongest level since September 25. Next key resistance for the
currency is seen around the 82.00 level.
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