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Indian Rupee strengthens against US Dollar, hinting at potential interest rate cut by RBI.
The Indian Rupee gained 12 paise to 85.43 against the US Dollar on June 2nd, 2025, due to a weak US currency and positive macroeconomic data, suggesting a potential interest rate cut by the Reserve Bank of India (RBI).
However, the currency faces risks from volatile equity markets, foreign fund outflows, and rising oil prices due to global trade uncertainties.
The RBI's Monetary Policy Committee will meet on June 4th, with results announced on June 6th.
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La rupia india se fortalece frente al dólar estadounidense, insinuando un posible recorte de la tasa de interés por parte del RBI.