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fxJun 30, 2026, 5:26 AM

Indian Rupee Opens Lower Against US Dollar as NFP Data Awaited

The Indian Rupee edged down on Tuesday, with USD/INR climbing to near 94.65 as traders await June US Nonfarm Payrolls data.

USDINR

The Indian Rupee (INR) opened slightly weaker against the US Dollar (USD) on Tuesday, with the USD/INR pair rising to around 94.65. The move comes as the US Dollar remained firm amid market caution ahead of the US Nonfarm Payrolls (NFP) report for June, due to be released later in the week. Traders are positioning for potential volatility, with the labor data expected to influence Federal Reserve policy expectations.

Source: FXStreet Forex News