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>> INDIAN RUPEE Latest News

MAR 13, 2014 - Investopedia

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USD/INR: Indian Rupee Up on CPI, But Gold Threatens Trade Balance

The Indian Rupee (INR) saw slight gains yesterday against the US Dollar as incoming CPI data showed that prices rose at an 8.1%YoY pace (vs.8.3% estimated by economists) while Industrial Production YoY for January came in at 0.1% (vs. a -0.9% decline surveyed).This news sent the USD/INR lower by 0.47% at the print (Rupee strength).    

Tags: USD/INR: Indian Rupee Up on CPI, But Gold Threatens Trade Balance,  Indian Rupee Latest News