The Indian rupee bounced back slightly from its early low against the U.S. dollar in late trading on Thursday.
The rupee inched up to 55.355 per greenback, recovering from a 2-day low of 55.4855. At Wednesday's close, the greenback-rupee pair was worth 55.215.
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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.