Robust foreign capital inflows and a gap up opening in domestic equities amid optimism over the outlook for Asia’s third biggest economy after upbeat factory data also supported the local currency. Investors eyed the June WPI inflation data set for release today. The greenback’s weakness against major currencies overseas too lifted the rupee. Get best trading tips by joining epic research.
Robust foreign capital inflows and a gap up opening in domestic equities amid optimism over the outlook for Asia’s third biggest economy after upbeat factory data also supported the local currency. Investors eyed the June WPI inflation data set for release today. The greenback’s weakness against major currencies overseas too lifted the rupee. Get best trading tips by joining epic research.
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