USD/INR: Strong economic backdrop, stable inflation picture contributing to a steady Rupee – Commerzbank

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Share: USD/INR continues to hold within the 81-83 range since the start of the year. Economists at Commerzbank analyze the Rupee outlook. India’s tame core inflation June headline inflation picked up to 4.8% YoY from 4.3% previously, led by higher food prices. This was still well within the Reserve Bank of India’s (RBI) […]