USD/INR Price News: Indian Rupee struggles to cheer IMF remarks near 81.80 amid cautious markets – by anilpanchal7 USDINR RiskAppetite IMF Asia Currencies
for India and China during early Tuesday. In doing so, the Indian Rupee pair also pays little heed to the US Dollar’s retreat amid looming fears of default and the market’s anxiety as traders return from a long weekend.
Furthermore, relief from the US First Republic Bank issue allowed traders to take a breather as the US regulators seized assets of the First Republic Bank and sold them to a new buyer, namely JP Morgan.
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USD/INR Price Analysis: Indian Rupee sellers jostle with immediate resistance line near 81.80USD/INR Price Analysis: Indian Rupee sellers jostle with immediate resistance line near 81.80 USDINR Technical Analysis SwingTrading ChartPatterns SupportResistance
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IMF lauds 'quick and orderly resolution' of First Republic by US regulatorsThe International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and find a private buyer, an IMF spokesperson said on Monday.
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