USD/INR Dips: Fed Hints at September Interest Rate Reduction
The Indian Rupee (INR) edges higher against the US Dollar (USD) at the start of the week. The USD/INR pair drops to near 88.25 after posting a fresh all-time high slightly above 88.50 on Friday. The pair retraced quickly from its all-time high, following likely intervention of the Reserve Bank of India (RBI) to support the Indian Rupee, according to a report from Reuters.
Meme Coin Rally Ahead? Dogecoin, Shiba Inu & Pepe Price Predictions
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) have emerged as a few of the top performers on Monday. The technical outlook and derivatives data hint at a fresh uptrend amid increased traders’ interest.
Weekly Derivatives & Trade Ideas
Trade Ideas: Nifty Futures closed at 24,847.7 on Friday, rising 1.1% with a 5.1% increase in open interest signaling a clear long build-up and strengthening bullish sentiment.
US Tariffs: Exporters To Meet RBI Governor On Sept. 11 Seeking Relief
Faced with some of the highest US tariffs in the world, Indian exporters are set to knock on the door of the Reserve Bank of India seeking relief. Industry persons are set tomeet with Governor SanjayMalhotra on Thursday, Sept. 11, seeking easier loan repayment norms and waiver of penal interest, sources told NDTV Profit on Sunday.