Indian Rupee at Risk as RBI Lowers GDP Estimates, Boosts Bond Buys. USD/INR Eyes NFPs

The Indian Rupee weakened after the RBI increased bond purchases and lowered GDP estimates at June’s rate decision. Ahead, USD/INR is eyeing US non-farm payrolls after a wedge breakout.

from DailyFX – Market News https://bit.ly/3uRrEl4
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