LTTS14 min ago
INR vs USD: Rupee-dollar deviation to remain stable in July, US Fed rate cut remains a major trigger
Written By Asit Manohar
Edited By Harish Dugh
Published: | Updated:
INR vs USD: Indian rupee has climbed up to Rs 68.5 per US dollar in the Forex market as investors expect a delay in US Fed rate cut post strong US job data.
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Major reason for Indian rupee gaining against the US dollar is due to the speculation that the US Federal Reserve may delay its decision to cut interest rates. Photo: PTI
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