The Indian rupee that slipped to a 2-day low of 55.7550 against the U.S. dollar in late morning deals on Wednesday recovered soon thereafter. The greenback-rupee pair is now trading at 55.495, compared to Tuesday's close of 55.3705.
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Business 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.