Indian rupee to track merchant flows, dollar; bonds await foreign buying cues

Published on: Sunday 05 July 2026

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, July 6 (Reuters) - The Indian rupee is expected to remain sensitive to merchant and portfolio flows this week and broadly track the dollar's trajectory, while government bonds will be driven by foreign purchases as well as any updates on index inclusion. The rupee declined nearly 1% last week to close at 95.21 per dollar on Friday, finding modest

News source: https://www.msn.com/en-us/money/markets/indian-rupee-to-track-merchant-flows-dollar-bonds-await-foreign-buying-cues/ar-AA27hvC6

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Indian rupee to track merchant flows, dollar; bonds await foreign buying cues