The Indian rupee trimmed its early losses against the U.S. dollar in late morning deals on Thursday after the release of country's wholesale price index for February.
Preliminary data from the Ministry of Commerce and Industry showed that India's WPI increased 6.84 percent year-on-year in February, after rising 6.62 percent in January.
The rupee that fell to a 6-day low of 54.5276 against the greenback earlier is now trading at 54.35. The pair ended yesterday's deals at 54.3055.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.