USD/INR Steady Before PMI Report: Association with Global Markets
The Indian Rupee (INR) holds steady as it approaches critical market evaluations ahead of the anticipated PMI report. After reaching an all-time low of 84.50 against the US Dollar (USD) previously, the INR currently appears stable amidst fluctuations in crude oil prices and ongoing geopolitical concerns. Analysts indicate that upcoming economic indicators will play a crucial role in determining the currency’s trajectory. Investors must remain vigilant to navigate any potential volatility that may arise following the PMI release.
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