MUMBAI: The Indian rupee is likely to take cues this week from moves in the US dollar index while keeping an eye on key US labour-market data, and bond yields are expected to trend lower going into 2024.
The rupee ended slightly lower at 83.2075 against the US dollar last Friday, pressured by US-dollar demand from importers and a slight recovery in the US dollar index.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
