The Indian Rupee (INR) is experiencing a rebound as it moves lower against the US Dollar (USD) on Wednesday. This shift occurs as traders await crucial inflation data from both India and the United States.

Potential foreign exchange intervention from the Reserve Bank of India (RBI), along with the strength of regional currencies, including the offshore Chinese Yuan, offers support to the INR.

Keeping updated on these trends is essential as economic reports can significantly impact the currency exchange landscape.