counting-inr-bank-notes - INR
INR bank notes

The US Dollar Indian Rupee (USD/INR) exchange rate trades flat for a second straight session. The pair trades at 73.72, just a few points lower from yesterday’s close of 73.75.

The Reserve Bank of India (RBI) postponed its Monetary Policy Committee meeting over its failure to announce three new committee members. The RBI was not expected to adjust monetary policy but was expected to provide forward guidance.

The US Dollar is trading higher owing risk off flows following the frenzied US Trump Biden Presidential election debate. The debate failed to bring much clarity to the race.

US GDP & ADP Payrolls are due later today.