The Indian rupee extended its early rally against the U.S. dollar in late afternoon deals on Tuesday. The rupee soared to a 6-week high of 54.685 against the greenback with 54.00 seen as the next near term upside target level. The greenback-rupee pair ended yesterday's deals at 55.435.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.