The Indian rupee rebounded from early slide against the U.S. dollar and held steady in later deals on Friday.
The rupee is now trading at 54.875 against the greenback, reversing from early 4-day low of 55.005. The pair finished yesterday's deals at 54.7855.
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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.