{"id":101574,"date":"2020-06-30T07:50:38","date_gmt":"2020-06-30T11:50:38","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=101574"},"modified":"2020-06-30T12:36:43","modified_gmt":"2020-06-30T16:36:43","slug":"103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\/","title":{"rendered":"USD\/INR: Rupee Slips Lower As WHO Warns Worst Is Yet To Come"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/news\/currency\/inr\/\">Indian Rupee (INR)<\/a> paring gains from the previous session as risk sentiment performs a U -turn<\/strong><\/li>\n<li><strong>World Health Organisation warns that second wave of coronavirus could be worse than the first<\/strong><\/li>\n<li><strong>Safe haven <a href=\"https:\/\/currencylive.com\/news\/currency\/usd\/\">US Dollar (USD)<\/a> is advancing across the board as reopening roll back and ahead of Federal Reserve Jerome Powell\u2019s speech today.<\/strong><\/li>\n<li><strong>US Dollar Indian Rupee exchange rate (USD\/INR) trades +0.1% at 75.56<\/strong><\/li>\n<\/ul>\n<p>The US Dollar Indian Rupee settled on Monday -0.2% at 75.51. Today the pair is paring those losses. The pair continues to trade in a familiar range of 74.5 \u2013 76.5 which it has traded between since mid-March when the coronavirus pandemic spread outside of China.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-inr-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time USD to INR exchange rate<\/span><\/a><\/div>\n<p>Risk aversion was dominating across global financial markets following a stark warning from the World Health Organization. The warning that the worst is yet to come, comes as areas of the US start to roll back reopening plans and as countries across the globe, including India re-impose strict localised lock down measures to control spikes in coronavirus cases.<\/p>\n<p>In India the number of daily coronavirus cases increased by 20,000, taking the total to 567,000. The death toll sits at 16,000.<\/p>\n<p>New that India is sensing its first covid-19 vaccine candidate for human trials could offer some support to sentiment. The Drug Controller General of India has approved phase 1 and phase 2 trials of Covaxin, the first domestic candidate. Human clinical trials will begin in July.<\/p>\n<p>The mood in the market has soured from yesterday, when US pending home sales data smashed expectations, surging 44.3% in May, fuelling hopes of a rapid recovery in the housing market. Analysts had expected an increase of just 18.9% after a plunge in April.<\/p>\n<p>Today that optimism has been replaced with fear as investors look ahead to a speech by Federal Reserve Chairman Jerome Powell, shortly after he warned of an extraordinarily uncertain economic recovery.<\/p>\n<p>US consumer confidence data will also be in focus. This is a closely watched macro data point because the US economy is consumer driven. A more optimistic consumer will spend more aiding a quick economic recovery. Meanwhile stalling consumer confidence could unnerve investors and boost the safe haven US Dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Rupee (INR) paring gains from the previous session as risk sentiment performs a U -turn World Health Organisation warns that second wave of coronavirus could be worse than the first Safe haven US Dollar (USD) is advancing across the board as reopening roll back and ahead of Federal Reserve Jerome Powell\u2019s speech today. US [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":47015,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1693,1381],"tags":[1655,1666,1445,2909,1397,1398,2695],"class_list":{"0":"post-101574","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inr","8":"category-usd","9":"tag-indian-rupee","10":"tag-inr","11":"tag-jerome-powell","12":"tag-risk","13":"tag-us-dollar","14":"tag-usd","15":"tag-vaccine"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/INR: Rupee Slips Lower As WHO Warns Worst Is Yet To Come - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/INR: Rupee Slips Lower As WHO Warns Worst Is Yet To Come\",\"datePublished\":\"2020-06-30T11:50:38+00:00\",\"dateModified\":\"2020-06-30T16:36:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/\"},\"wordCount\":394,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-inr.jpg\",\"keywords\":[\"indian rupee\",\"inr\",\"Jerome Powell\",\"risk\",\"us dollar\",\"usd\",\"vaccine\"],\"articleSection\":[\"INR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103516-usd-inr-rupee-slips-lower-as-who-warns-worst-is-yet-to-come\\\/\",\"name\":\"USD\\\/INR: Rupee Slips Lower As WHO Warns Worst Is Yet To Come - 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