Forex Market News

USDINR – Ways2Capital

USDINR trading range for the day is 65.33-66.18. Rupee appreciated to 16-month high on buying by major banks including foreign and nationalised banks amid FII inflows into local stocks.
India’s wholesale price inflation accelerated at a faster-than-expected pace in February, preliminary data showed. Investors now await the release of US FOMC policy meeting outcome to give direction to the FX market.
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