USD/INR Price News: Indian rupee reverts towards two-week tops of 73.72 on economic optimism

0

The Indian rupee keeps its range near two-week highs against its American counterpart in Friday’s Asian trading, mainly buoyed by the expectations of an economic recovery for India amid coronavirus vaccine hopes.

The latest Reuters poll of economists showed Friday, a majority of them believe Asia’s third-largest economy to show some signs of recovery in the September quarter, in the wake of improving consumer demand induced by the vaccines progress.

more to come …

Get the 5 most predictable currency pairs

About Author

Comments are closed.