The dollar is trading higher against major currencies. Traders are awaiting U.S. consumer inflation data. Tariff threats between Washington and Beijing are also being considered. The yen has weakened due to expectations of a stimulus package from Japan’s new Prime Minister. Sterling is under pressure after British inflation data remained steady. Markets are anticipating interest rate cuts from the U.S.
Rupee falls 3 paise to 92.43 against US dollar in early trade
The Indian rupee opened at 92.42 against the US dollar on Wednesday. A plunge in global crude oil prices and positive opening at domestic equity