Currencies

The Indian Rupee strengthens in Tuesday’s Asian session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar demand might cap its upside. Investors brace for India’s HSBC Manufacturing PMI data and Fed’s Powell speech later on Tuesday. The Indian Rupee (INR) edges higher on Monday as the dovish remarks from the US Federal Reserve (Fed) and rising fiscal worries undermine the Greenback. Additionally, a decline in Crude oil prices provides some support to the INR. It’s worth noting that India is the world's third-largest oil consumer, and...