In later deals on Friday, the Indian rupee fell to a 3-day low of 55.66 against the U.S. dollar. This may be compared to an early Asian session's more than 2-week high of 54.71. If the rupee weakens further, it may target 56.00 level. At Thursday's close, the pair was worth 54.955.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.