USD is now at 76.50. USDINR opened at 76.47. Today, the pair could trade in the 76.35-76.55
Indian Exports climbed 24.22% to USD 38.19 bn in April. Imports climbed 26.55% to USD 58.26 bn. Trade deficit is at USD 20.09 bn as against USD 15.29 bn in April 2021.
US Fed rate decision is awaited later tonight.
RBI REF RATES:
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