The Indian rupee gained ground against the U.S. currency in morning deals on Thursday.
The rupee that closed Wednesday's deals at 54.7855 against the greenback is trading at 54.675. If the rupee gains further, it may break 54.00 level.
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.