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Indian Rupee Holds Two-Week Decline Against Dollar

The Indian rupee opened flat against the U.S. dollar but traded near a two-week low. USD/INR was quoted at 95.7216, compared with around 95.75 at the time of…

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The Indian rupee opened flat against the U.S. dollar but traded near a two-week low. USD/INR was quoted at 95.7216, compared with around 95.75 at the time of the previous report. Sustained strength in oil prices kept pressure on the currency pair, while the market saw a lack of discussion on a U.S.-Iran reopening of the Strait of Hormuz.

Original: https://www.fxstreet.hk/news/yin-du-lu-bi-shou-zhu-dui-mei-yuan-de-liang-zhou-die-fu-202608190533

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