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Indian Rupee receives as traders expect RBI intervention
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FXStreet Forex & Commodities News
The Indian Rupee (INR) gains ground amid speculation of the Reserve Bank of India (RBI) intervention, aiming to curb losses as the pair touched a fresh all-time high of 92.19 on January 28.
Additionally, the Indian Rupee (INR) could face pressure from dollar demand driven by maturing NDF positions and month-end importer buying.
The Indian Rupee (INR) failed to find support from improved sentiment following the India–EU trade deal, which is expected to lower tariffs on most Indian exports.
USD/INR: Daily ChartUS Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today.
US Dollar was the strongest against the Indian Rupee.