Thursday, the Indian rupee opened lower against the dollar and hit a 15-day low of 50.07 at 12:10 am ET. If the Indian currency slips further, it may test support around the 50.6 level. The dollar-rupee pair closed yesterday's North American session at 49.6250.
India will announce wholesale price index data through May 2, with forecasts calling for an annual increase of 0.3 percent after the 0.7 percent jump in the previous reporting period.
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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.