Rupee Reverses Early Losses And Gains As Dollar Prepares For Inflation Test

Author : Dhowcruise
Publish Date : 2022-08-10


The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.

The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing hands at 79.5188 per dollar, after a weak opening of 79.5563, compared to its previous close on Monday of 79.6550 against the greenback. PTI reported that the rupee gained 12 paise to close provisionally at 79.51 against the US dollar. The greenback was broadly steady, having paused a bit from a retreat that began in the middle of July.The rupee ended Wednesday with gains, reversing early losses as traders remained cautious about placing large bets ahead of US inflation data, which markets will scrutinise for guidance on how steeply the Federal Reserve will raise interest rates in coming months. Bloomberg showed the rupee was last changing ha



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