Indian Rupee weakens ahead of FX Reserves data

The Indian Rupee (INR) declines on Friday after registering modest gains against the US Dollar (USD) in the previous day. The USD/INR pair gains ground as the US Dollar rises on traders pricing in the hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.

Indian Rupee weakens ahead of FX Reserves data
The Indian Rupee (INR) declines on Friday after registering modest gains against the US Dollar (USD) in the previous day. The USD/INR pair gains ground as the US Dollar rises on traders pricing in the hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.

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