Traders are also paying close attention to the scale of ​inflows that India's capital flow measures would attract over a period to bolster India's FX kitty that is used to defend the rupee. On Tuesday, the Indian currency rose 0.2% to 96.2350 against the U.S. dollar. Better-than-expected inflows from the Reserve Bank of India's measures also helped market sentiment. In ​its first ​update since the scheme was launched ​in early June, the RBI ‌said its measures had mobilised $20.72 billion between June 8 and July 17. Market participants will focus on how the central bank ‌uses its reserves to defend the rupee.