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- USD/INR prints three-day losing streak, holds lower grounds near intraday bottom of late.
- Upbeat Oil price, China woes test Indian Rupee buyers.
- Yields retreat amid market’s consolidation ahead of Jackson Hole symposium speeches.
USD/INR remains pressured around 83.00, down for the third consecutive day heading into Friday’s European session, as market players prepare for the next week’s top-tier events amid a light calendar at home. Also favoring the Indian Rupee (INR) buyers is the downbeat US Dollar as it traces the Treasury bond yields after refreshing the Year-To-Date (YTD) top.
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