USD/INR pulls back from 86.00 as the US Dollar softens, RBI rate decision in focus

  • The Indian Rupee (INR) strengthens modestly against the US Dollar (USD) on Thursday, ending a two-day losing streak as the Greenback softened following Wednesday's weaker-than-expected US economic data. At the time of writing, USD/INR is trading near 85.80, down from the intraday high of 86.05, and remains confined within Wednesday's range.