FOREX TradingCharts.com
HOMECHARTS & QUOTESFOREX NEWSFOREX QUOTESLEARN FOREXFOREX BROKER LISTBOOKMARKFEEDBACK

Forex News: Indian Rupee Rises To 1-1/2-month High Against U.S.

Indian Rupee Rises To 1-1/2-month High Against U.S. Dollar

09/17/2024 - 07:43:00 (RTTNews)

(RTTNews) - The Indian rupee strengthened against the U.S. dollar in the European session on Tuesday.

In economic news, data from the Ministry of Commerce and Industry showed that India's wholesale price inflation softened more-than-expected in August to the lowest level in four months. The wholesale price index, or WPI, rose 1.31 percent year-over-year in August, slower than the 2.04 percent increase in July. Economists had expected inflation to ease to 1.80 percent.

On a monthly basis, wholesale prices dropped 0.45 percent from July, when they increased by 0.78 percent.

Against the U.S. dollar, the rupee rose to a 1-1/2-month high of 83.7090 from an early low of 83.8890. At yesterday's close, the rupee was trading at 83.8200 against the greenback.

If the rupee extends its uptrend, it is likely to find resistance around the 82.00 region.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


U.S. Dollar Climbs After PPI Data (42 min(s), 13 sec(s) ago)
(RTTNews) - The U.S. dollar advanced against its most major counterparts in the New York session o ...Full Story»
Pound Rises On Upbeat U.K. Factory Data (05 hr(s), 27 min(s), 13 sec(s) ago)
(RTTNews) - The British pound weakened against other major currencies in the European session on F ...Full Story»
Pound Rises Against Majors (06 hr(s), 27 min(s), 13 sec(s) ago)
(RTTNews) - The British pound weakened against other major currencies in the European session on F ...Full Story»
Antipodean Currencies Rise Amid Risk Appetite (08 hr(s), 21 min(s), 13 sec(s) ago)
(RTTNews) - The Antipodean currencies such as the Australia and the New Zealand dollars strengthen ...Full Story»
NZ Dollar Advances Against Majors (08 hr(s), 48 min(s), 13 sec(s) ago)
(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian sessio ...Full Story»
Australian Dollar Rises Against Majors (09 hr(s), 0 min(s),13 sec(s) ago)
(RTTNews) - The Australian dollar strengthened against other major currencies in the Asian session ...Full Story»
U.S. Dollar Lower After CPI, Jobless Claims Data (20 min(s), 47 sec(s) ago)
(RTTNews) - The U.S. dollar moved down against its most major counterparts in the New York session ...Full Story»
Yen Rises After BoJ Himino Comments (04 hr(s), 0 min(s),12 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story»
Search

FOREX NEWS

U.S. Dollar Climbs After PPI Data

10/11/2024 - 11:14 AM (RTTNews)
(RTTNews) - The U.S. dollar advanced against its most major counterparts in the New York session o ...Full Story>>

Pound Rises On Upbeat U.K. Factory Data

10/11/2024 - 06:29 AM (RTTNews)
(RTTNews) - The British pound weakened against other major currencies in the European session on F ...Full Story>>

Pound Rises Against Majors

10/11/2024 - 05:27 AM (RTTNews)
(RTTNews) - The British pound weakened against other major currencies in the European session on F ...Full Story>>

Antipodean Currencies Rise Amid Risk Appetite

10/11/2024 - 03:33 AM (RTTNews)
(RTTNews) - The Antipodean currencies such as the Australia and the New Zealand dollars strengthen ...Full Story>>

NZ Dollar Advances Against Majors

10/11/2024 - 03:08 AM (RTTNews)
(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian sessio ...Full Story>>
USDCAD
Economic CalendarForex GlossaryForeign Exchange RatesForex Currency TradingForex ChartsPrivacy Policy Translate AdvertiseContact Us

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.